Fang Holdings (SFUN) Misses Q1 EPS by 1c

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Go back to Fang Holdings (SFUN) Misses Q1 EPS by 1c

Fang Announces First Quarter 2017 Results

June 20, 2017 7:41 AM EDT

BEIJING, June 20, 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 the fiscal quarter ended March 31, 2017.

First Quarter 2017 Highlights

Total revenues were $109.8 million, a decrease of 46.3% from the corresponding period in 2016. Operating loss was $6.1 million. Non-GAAP operating loss was $4.6 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... More