Sina Corp (SINA) Tops Q4 EPS by 6c; CFO Yu to Assume Similar Role at Weibo (WB)
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SINA Reports Fourth Quarter 2014 Financial Results
March 10, 2015 4:30 PM EDTSHANGHAI, March 10, 2015 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced its unaudited financial results for the fourth quarter ended December 31, 2014.
Fourth Quarter 2014 Highlights
Net revenues increased 7% year over year to $211.1 million. Non-GAAP net revenues increased 8% year over year to $208.5 million, within the Company's guidance of between $204 million and $210 million. Advertising revenues grew 14% year over year to $181.9 million. Non-advertising revenues were $29.2 million. Non-GAAP non-advertising revenues were $26.6 million.... More