SINA Reports First Quarter 2016 Financial Results

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Sina Corp (SINA) Tops Q1 EPS by 1c

May 11, 2016 4:31 PM EDT

Sina Corp (NASDAQ: SINA) reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $198.7 million versus the consensus estimate of $189.47 million.

Online advertising revenues for the first quarter of 2016 were $163.0 million, compared to $150.4 million for the... More