Fang Holdings (SFUN) Misses Q3 EPS by 1c, Revenues Miss
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Fang Announces Third Quarter 2018 Results
November 30, 2018 6:23 AM ESTBEIJING, Nov. 30, 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 fiscal quarter ended September 30, 2018.
Third Quarter 2018 Highlights
Total revenues were $83.6 million, a decrease of 25.5% from $112.2 million in the corresponding period in 2017. Operating income was $15.3 million. Non-GAAP operating income was $ 18.9 million. A description of the adjustments from GAAP to non-GAAP operating income is detailed in the table captioned "Reconciliation of GAAP and Non-GAAP Results" following... More