58.com (WUBA) Tops Q3 EPS by 17c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to 58.com (WUBA) Tops Q3 EPS by 17c

58.com Reports Third Quarter 2017 Unaudited Financial Results

November 12, 2017 7:00 PM EST

BEIJING, Nov. 12, 2017 /PRNewswire/ -- 58.com Inc. (NYSE: WUBA) ("58.com" or the "Company"), China's largest online market place for classifieds, today reported its unaudited financial results for the third quarter ended September 30, 2017.

Third Quarter 2017 Financial Highlights

Total revenues were RMB2,722.5 million (US$410.2 million1), a 33.3% increase from the same quarter of 2016 in Renminbi amounts, exceeding the higher end of the Company's guidance of RMB2,650 million. Gross margin was 91.6% compared with 91.4% in the same quarter of 2016. Income from operations was RMB522.4 million (US$78.7 million), compared... More