SouFun: 1Q Earnings Snapshot
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.