SouFun Holdings (SFUN) Reports In-Line Q2 EPS; Boosts FY15 Revenue Outlook
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SouFun Announces Second Quarter 2015 Results
August 7, 2015 7:41 AM EDTBEIJING, Aug. 7, 2015 /PRNewswire/ -- SouFun Holdings Limited (NYSE: SFUN) ("SouFun"), the leading real estate Internet portal in China, announced today its unaudited financial results for the three months ended June 30, 2015.
Second Quarter 2015 Highlights
Total Revenue increased by 25.4% year-on-year to $210.9 million. Revenue from e-commerce services increased by 119.7% year-on-year to $106.8 million. Operating income decreased by 72.7% year-on-year to $22.3 million. Non-GAAP operating income decreased by 71.3% year-on-year to $23.9 million. A description of the adjustments from GAAP to non-GAAP operating income is set forth below.... More