Fang Holdings (SFUN) Misses Q4 EPS by 1c

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Fang Announces Fourth Quarter and Fiscal Year 2016 Results

March 31, 2017 7:40 AM EDT

BEIJING, March 31, 2017 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang" or "we"), the leading real estate Internet portal in China, today announced its unaudited financial results for fourth quarter and fiscal year ended December 31, 2016.

Fourth Quarter 2016 Highlights

Total revenues were $174.7 million. Operating loss was $8.9 million. Non-GAAP operating loss was $6.4 million. A description of the adjustments from GAAP to non-GAAP operating income is detailed in the Reconciliation Statement following this press release. Net loss attributable to Fang's shareholders was $10.4... More