Noah Holdings Limited reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s net revenues were $32,604,010 against $16,777,169 in first quarter of 2012, due to increases in both one-time commission revenues and recurring service fees for the first quarter of 2013. Income from operations was $11,880,020 against $2,627,818 a year ago. Income before taxes and loss from equity in affiliates was $13,691,139 against $3,830,341 a year ago. Net income attributable to the shareholders was $9,609,891 or $0.17 per diluted ADS against $2,733,310 or $0.05 per diluted ADS a year ago. Adjusted net income was $10,898,196 compared to $3,655,483 a year ago. Adjusted net income attributable to the shareholders was $10,740,652 or $0.19 per diluted ADS against $3,655,483 or $0.06 per diluted ADS a year ago. In the first quarter of 2013, the company generated $6.6 million in its operating activities The company estimated that non-GAAP net income attributable to shareholders for the full year 2013 is expected to be in a range of $33.0 million and $37.0 million, representing a year-over-year increase in the range of 23.0% and 37.9%.

Noah Holdings Limited, Q1 2013 Earnings Call, May 06, 2013

Noah Holdings Limited announced that they will report Q1, 2013 results After-Market on May 06, 2013