Sina Corp (SINA) Tops Q1 EPS by 5c

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SINA Reports First Quarter 2015 Financial Results

May 14, 2015 4:30 PM EDT

SHANGHAI, May 14, 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 first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Net revenues increased 8% year over year to $184.6 million. Non-GAAP net revenues increased 9% year over year to $182 million. Advertising revenues grew 11% year over year to $150.4 million. Non-advertising revenues were $34.2 million. Non-GAAP non-advertising revenues were $31.6 million. Net loss attributable to SINA was $10.3 million, or $0.18 diluted... More