SouFun Holdings (SFUN) Tops Q2 EPS by 4c; GMV Rose 68%
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Fang Announces Second Quarter 2016 Results
August 25, 2016 7:59 AM EDTBEIJING, Aug. 25, 2016 /PRNewswire/ -- SouFun Holdings Limited (NYSE: SFUN) ("we," "our," or "Fang"), the leading real estate Internet portal in China, announced today its unaudited financial results for the three months ended June 30, 2016.
Second Quarter 2016 Highlights
Total Revenue increased by 34.2% year-on-year to $287.0 million. Revenue from e-commerce services increased by 77.4% year-on-year to $189.5 million. Operating loss was $32.8 million. Non-GAAP operating loss was $30.3 million. A description of the adjustments from GAAP to non-GAAP operating loss is detailed in the Reconciliation Statement following this... More