Leju Holdings (LEJU) Tops Q2 EPS by 8c, Revenues Beat; Offers 3Q Revenue Outlook Above Consensus

Go back to Leju Holdings (LEJU) Tops Q2 EPS by 8c, Revenues Beat; Offers 3Q Revenue Outlook Above Consensus

Leju Reports Second Quarter and Half Year 2018 Results

August 23, 2018 5:40 AM EDT

BEIJING, Aug. 23, 2018 /PRNewswire/ -- Leju Holdings Limited ("Leju" or the "Company") (NYSE: LEJU), a leading online-to-offline ("O2O") real estate services provider in China, today announced its unaudited financial results for the fiscal quarter and half year ended June 30, 2018.

Second Quarter 2018 Financial Highlights

Total revenues increased by 32% year-on-year to $122.7 million. - Revenues from e-commerce services increased by 37% year-on-year to $87.6 million.- Revenues from online advertising services increased by 39% year-on-year to $34.4 million. Income from operations was $10.0 million, compared to loss from operations of $83.0 million for the same... More