On Wednesday, Leju Holdings Ltd (ADR) (NYSE:LEJU)’s shares declined -9.06% to $8.53.
Leju Holdings Ltd (ADR) (LEJU) declared its unaudited financial results for the fiscal quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
- Total revenues raised by 19% year-on-year to $93.4 million
Revenues from e-commerce services raised by 35% year-on-year to $67.1 million
Non-GAAP[1] net income attributable to Leju shareholders was $1.0 million, or $0.01 per diluted American depositary share (“ADS”)
First Quarter 2015 Results
Total revenues were $93.4 million, an enhance of 19% from $78.5 million for the same quarter of 2014, mainly driven by growth of revenues from e-commerce services.
Revenues from e-commerce services were $67.1 million, an enhance of 35% from $49.7 million for the same quarter of 2014, primarily due to the expansion of the Company’s e-commerce business through partnerships with property developers.
Revenues from online advertising services were $22.5 million, a decrease of 8% from $24.6 million for the same quarter of 2014, primarily due to the slowdown in primary home sales.
Revenues from listing services were $3.8 million, a decrease of 9% from $4.2 million for the same quarter of 2014, primarily due to discounts offered by the Company to secondary agencies.
Cost of revenues was $14.9 million, an enhance of 22% from $12.1 million for the same quarter of 2014, primarily due to raised editorial department headcount, which was partially offset by reduced amortization expenses of intangible assets.
Leju Holdings Limited, through its auxiliaries, provides online real estate services in the People’s Republic of China. It offers e-commerce services that comprise selling discount coupons and facilitating online property viewing, physical property visits, and pre-sale customer support for new residential properties and home furnishing sales through jiaju.com and leju.com.
E-House (China) Holdings Limited (ADR) (NYSE:EJ)’s shares dropped -9.05% to $5.73.
E-House (China) Holdings Limited (ADR) (EJ) declared its unaudited financial results for the fiscal quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
- Total revenues raised by 4% year-on-year to $169.1 million
- Revenues from real estate online services raised by 19% year-on-year to $93.4 million, counting $67.1 million in revenues from e-commerce services, which grew by 35% year-on-year
First Quarter 2015 Results
Total revenues were $169.1 million, an enhance of 4% from $163.3 million for the same quarter of 2014, primarily driven by the growth of revenues from real estate online services.
Revenues from real estate online services were $93.4 million, an enhance of 19% from $78.5 million for the same quarter of 2014, mainly contributed by growth of revenues in e-commerce services. Revenues from e-commerce services were $67.1 million, an enhance of 35% from $49.7 million for the same quarter of 2014, primarily due to the expansion of the Company’s e-commerce business through partnerships with property developers. Revenues from online advertising services were $22.5 million, a decrease of 8% from $24.6 million for the same quarter of 2014, primarily due to the slowdown in primary home sales. Revenues from listing services were $3.8 million, a decrease of 9% from $4.2 million for the same quarter of 2014, primarily due to discounts offered by the Company to secondary agencies.
E-House (China) Holdings Limited, through its auxiliaries, operates as a real estate services company in the People’s Republic of China. It operates through Real Estate Online Services; Real Estate Brokerage Services; Real Estate Information and Consulting Services; Community Value-Added Services; and Other Services segments.
At the end of Wednesday’s trade, Keysight Technologies Inc (NYSE:KEYS)‘s shares dipped -7.46% to $32.38.
Keysight Technologies Inc (KEYS) stated revenues of $740 million for the second fiscal quarter ended April 30, 2015, flat contrast with one year ago. Second-quarter GAAP net income was $96 million, or $0.56 per share. Second-quarter GAAP operating margin was 17 percent.
During the second quarter, Keysight had share-based compensation of $13 million, separation costs of $5 million, intangible amortization of $2 million, asset impairment of $2 million and a tax expense of $1 million. Not taking into account these items and $1million of other net expenses, Keysight stated second-quarter non-GAAP net income of $120 million, or $0.70 per share.(1) Second-quarter non-GAAP operating margin was 20 percent.
Keysight Technologies, Inc. provides electronic measurement solutions to the communications and electronics industries in the United States and internationally. It operates through two segments: Measurement Solutions, and Customer Support and Services.
TrueCar Inc (NASDAQ:TRUE), ended its Wednesday’s trading session with -6.92% loss, and closed at $13.99.
TrueCar Inc (TRUE) has always been committed to improving the car-buying experience for all participants, counting consumers, dealers and manufacturers.
TrueCar is confident it can demonstrate the compliance of our business model with California law. We fail to understand how the CNCDA believes that it is serving the interests of its members by seeking a declaration that about half of those members are violating California law through their relationships with TrueCar.
TrueCar has invested a tremendous amount of resources to ensure its compliance with all applicable laws, counting specifically the laws at issue in this litigation. TrueCar has always proactively maintained an open dialogue with the regulators charged with the oversight of these laws in order to answer any questions regulators may have regarding TrueCar’s operations and the compliance of those operations with applicable law. These regulators understand our business model and have taken no enforcement action against us since we began operating in California in 2005.
rueCar, Inc. operates as an Internet-based information, technology, and communication services company. The company operates its platform on the TrueCar Website and TrueCar mobile applications. It also customizes and operates its platform for its affinity group marketing partners, counting financial institutions, membership-based organizations, and employee buying programs for large enterprises.
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