SINA Corp (SINA) volatility increases into Q1 and outlook
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SINA Corporation (SINA) PT Raised to $92 at Stifel
May 16, 2017 2:06 PM EDTStifel raised its price target on SINA Corporation (NASDAQ: SINA) to $92.00 (from $74.00) while maintaining a Hold rating. SINA reported strong 1Q results driven entirely by growth in its 50.2%-owned Weibo subsidiary. SINAs Weibo subsidiary grew net revenue 67% y/y with advertising and... More
Sina Corp (SINA) Tops Q1 EPS by 36c, Beats on Revenues
May 16, 2017 5:41 AM EDTSina Corp (NASDAQ: SINA) reported Q1 EPS of $0.50, $0.36 better than the analyst estimate of $0.14. Revenue for the quarter came in at $278.1 million versus the consensus estimate of $265.07 million.
First Quarter 2017 Highlights
Both net revenues and non-GAAP net revenues increased 40% year over year to $278.1 million and $275.5... More