Renren (RENN) Reports Q1 Loss of $0.07
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/4/2026
- Equities close higher as softer jobs data quiets rate-hike expectations
- U.S. economy adds fewer jobs than expected as unemployment rate ticks higher
- Nvidia returns as Morgan Stanley’s Top Pick on attractive valuation
- Citi says rate volatility without Fed repricing is concerning
- U.S. credit-reporting stocks fall as FHFA weighs two-bureau mortgage rule
- Equities close higher as softer jobs data quiets rate-hike expectations
- Cantor Fitzgerald on Rivian (RIVN): 'pre-announced that it delivered 19,248 vehicles in 3Q26, above our estimate'
- DISH DBS emerges from bankruptcy, cuts debt by $4.35 billion
- Tanker struck by projectile in Strait of Hormuz
- AppLovin shares fall after court denies request against Unity
Renren Announces Unaudited First Quarter 2016 Financial Results
June 8, 2016 6:00 AM EDTBEIJING, June 8, 2016 /PRNewswire/ --Â 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 first quarter ended March 31, 2016.Â
First Quarter 2016 Highlights
Total net revenues were US$10.8 million, a 29.2% increase from the corresponding period in 2015. Advertising and IVAS net revenues were US$6.1 million, a 24.8% decrease from the corresponding period in 2015. Financing income was US$4.7 million, compared to US$0.2 million in the corresponding... More