Leju Holdings Limited (NYSE:LEJU) Reports 3Q18 Swing To Profit

Leju Holdings Limited (NYSE:LEJU) headquartered in Beijing, announced net income for the third quarter of $ 6.84 million or $ 0.05 per share, compared to loss $ 23.12 million or $ 0.17 per share for the year-ago quarter.

The company recorded third quarter Non-GAAP net income of $ 10.34 million or $ 0.08 per share, while analysts from Thomson Reuters expected loss of $ 0.02 per share.

Top line figures for the third quarter rose 40% to $ 133.59 million from $ 95.17 million in the same quarter last year, where as analysts anticipated $ 122.00 million.

Moving ahead, LEJU expects fourth quarter revenues between $ 120 million and $ 130 million.