Market Overview

Sina Trades Higher On Q2 Earnings Beat


Sina Corporation (NASDAQ: SINA) reported second-quarter earnings of 73 cents per share, which beat the analyst consensus estimate of 53 cents.

The company reported net revenues decreased 1% year-over-year to $533.1 million, but beat the analyst consensus estimate $516.2 million.

Sina reported advertising revenues decreased 5% year-over-year to $433.6 million. Non-advertising revenues increased 19% year-over-year to $99.4 million. Non-GAAP non-advertising revenues increased 20% year-over-year to $96.8 million.

Shares were trading up 7.38% at $40.43 in Monday’s pre-market session. The stock has a 52-week high of $72.94 and a 52-week low of $32.99.

Related Links:

Qudian Trades Higher On Q2 Earnings Beat

Deere Reports Q3 Earnings Miss, Cuts Guidance

Posted-In: Earnings News


Related Articles (SINA)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Weibo Trades Higher On Q2 Earnings Beat

Don't Ignore This Low Volatility ETF