Leju Reports Fourth Quarter and Full Year 2020 Results

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Leju Holdings (LEJU) Reports Q4 EPS of $0.06, Revenues Beat; Offers FY21 Revenues Outlook

March 26, 2021 5:56 AM EDT

Leju Holdings (NYSE: LEJU) reported Q4 EPS of $0.06, versus $0.06 reported last year. Revenue for the quarter came in at $230.4 million versus the consensus estimate of $233.4 million.

Fourth Quarter 2020 Financial Highlights

Total revenues increased by 2% year-on-year to $230.4 million. - Revenues from online advertising services increased by 43% year-on-year to $60.1 million. - Revenues from e-commerce services decreased by 8% year-on-year to $170.1 million.Income from operations was $10.1 million, an increase of 12% from $9.0 million for the same quarter of 2019.Non-GAAP income from operations was $13.4 million, a decrease of 4% from $14.0 million for the same quarter of 2019.Net... More