Fang Holdings (SFUN) Misses Q2 EPS by 1c

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Fang Announces Second Quarter 2017 Results

August 29, 2017 6:21 AM EDT

BEIJING, Aug. 29, 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 second quarter ended June 30, 2017.

Second Quarter 2017 Highlights

ŸTotal revenues were $110.1 million, a decrease of 61.6% from the corresponding period in 2016. Operating loss was $6.1 million. Non-GAAP operating loss was $3.8 million. Net loss attributable to Fang's shareholders was $2.1 million. Fully diluted loss per ADS was $0.005. Non-GAAP net loss attributable to Fang's... More