E-House (China) Holdings Limited (EJ) reported that its first-quarter of 2013 net loss attributable to shareholders narrowed to $5.4 million, or $0.05 loss per ADS, from $25.9 million, or $0.33 loss per ADS in the same quarter last year.
Non-GAAP net income attributable to was $4.2 million or $0.03 per ADS, compared to non-GAAP net loss of $16.8 million, or $0.21 loss per ADS last year.
Loss from operations was $10.3 million, compared to loss of $54.6 million for the same quarter of 2012. Non-GAAP income from operations was $0.8 million, compared to non-GAAP loss from operations of $39.8 million for the same quarter of 2012.
Total revenues were $116.6 million, an increase of 97% from $59.1 million for the same quarter of 2012, primarily driven by E-House's real estate brokerage services and real estate online services.
Analysts polled by Thomson Reuters expected the company to report a loss of $0.12 per share on revenues of $90.78 million for the quarter. Analysts' estimates typically exclude special items.
The company increased its fiscal 2013 total revenue guidance from the previously guided amount of approximately $550 million to approximately $600 million, which would represent an increase of approximately 30% from $462.4 million in 2012. Analysts expect the company to report revenues of $552.72 million for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.