Leju Holdings Limited Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Provides Earnings Guidance for the First Quarter of 2019
For the year, the company reported Total revenues were $462.0 million, an increase of 27% from $362.5 million for 2017. Loss from operations was $11.0 million, compared to $183.9 million for 2017. Net loss was $12.9 million, compared to $162.0 million for 2017. Net loss attributable to company was $13.5 million, or $0.10 loss per diluted ADS, compared to $160.9 million, or $1.19 loss per diluted ADS for 2017.
The Company estimates that its total revenues for the first quarter of 2019 will be approximately $90 million to $94 million, which would represent an increase of approximately 10% to 15% from $81.5 million in the same quarter in 2018.