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SouFun: 2Q Earnings Snapshot

Associated Press
Updated

BEIJING (AP) _ SouFun Holdings Ltd. (SFUN) on Friday reported second-quarter net income of $4.2 million, after reporting a loss in the same period a year earlier.

The Beijing-based company said it had profit of 5 cents per share. Losses, adjusted to account for discontinued operations, were 2 cents per share.

The real estate internet company posted revenue of $67.6 million in the period.

The company's shares closed at $2.19. A year ago, they were trading at $14.80.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SFUN at https://www.zacks.com/ap/SFUN