Renren (RENN) Reports Q3 Loss of $0.24/ADS
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Renren Announces Unaudited Third Quarter 2015 Financial Results
November 27, 2015 5:00 AM ESTBEIJING, Nov. 27, 2015 /PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or the "Company"), a leading real-name social networking internet platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2015.Â
Third Quarter 2015 Highlights
Total net revenues were US$12.4 million, a 36.4% decrease from the corresponding period in 2014. Renren net revenues were US$8.6 million, a 24.5% decrease from the corresponding period in 2014. Games net revenues were US$3.8 million, a 53.3% decrease from the corresponding period in... More