Fang Holdings (SFUN) Reports Q2 EPS of $0.13, Revenues Miss
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Fang Announces Second Quarter 2018 Results
August 28, 2018 6:53 AM EDTBEIJING, Aug. 28, 2018 /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, 2018.
Second Quarter 2018 Highlights
Total revenues were $74.4 million, a decrease of 32.4% from the corresponding period in 2017. Operating income was $16.7 million. Non-GAAP operating income was $20.8 million. Net loss attributable to Fang's shareholders was $26.6 million, which was primarily due to the change in fair value of equity securities... More