Renren (RENN) Reports Q4 Revenue of $17.2M, Q1 Rev. Guidance Misses

Renren (NYSE: RENN) Q4 Adjusted net income was US$43.2 million, compared to an adjusted net income of US$104.7 million in the corresponding period in 2013. Revenue for the quarter came in at $17.2 million versus the consensus estimate of $16.3 million.

The Company expects to generate revenues in an amount ranging from US$11 million to US$13 million in the first quarter of 2015, representing 44.2% to 52.8% year-over-year decline.

(Street sees Q1 revenue of $29.72 million)

For earnings history and earnings-related data on Renren (RENN) click here.

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