Leju Holdings (LEJU) Reports Q3 EPS of $0.08, Revenues Beat; Offers 4Q Revenue Mid-Point Guidance Above Consensus

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Leju Reports Third Quarter 2018 Results and Issues Notice of Annual General Meeting

November 19, 2018 5:38 AM EST

BEIJING, Nov. 19, 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 nine months ended September 30, 2018.

Third Quarter 2018 Financial Highlights

Total revenues increased by 40% year-on-year to $133.6 million.

- Revenues from e-commerce services increased by 57% year-on-year to $96.9 million.- Revenues from online advertising services increased by 20% year-on-year to $36.0 million.

Income from operations was $11.3 million,... More