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SouFun: 1Q Earnings Snapshot

June 17, 2019

BEIJING (AP) _ SouFun Holdings Ltd. (SFUN) on Monday reported first-quarter net income of $13.4 million, after reporting a loss in the same period a year earlier.

The Beijing-based company said it had net income of 3 cents per share. Losses, adjusted for one-time gains and costs, came to 2 cents per share.

The real estate internet company posted revenue of $51.9 million in the period.

The company’s shares closed at 83 cents. A year ago, they were trading at $4.52.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFUN at https://www.zacks.com/ap/SFUN

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