SINA Reports Second Quarter 2015 Financial Results

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Go back to SINA Reports Second Quarter 2015 Financial Results

Summit Research Raises Price Target on Sina Corp (SINA) Following 2Q15 Results

August 19, 2015 1:17 PM EDT

Summit Research reiterated a Hold rating on SINA Corporation (NASDAQ: SINA), and raised the price target to $42.00 (from $39.00), following the company's 2Q15 earnings results. EPS came in ahead of street expectations at $0.06. Revenue was also reported ahead of consensus at $213.6M.

Analyst Henry... More

Sina Corp (SINA) Tops Q2 EPS by 2c

August 18, 2015 4:34 PM EDT

Sina Corp (NASDAQ: SINA) reported Q2 EPS of $0.06, $0.02 better than the analyst estimate of $0.04. Revenue for the quarter came in at $213.6 million versus the consensus estimate of $199.78 million.

"We are delighted that SINA has further implemented its vertical and mobile strategies and launched a set of constructive corporate actions to... More