Sina Corp (SINA) Tops Q2 EPS by 13c

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SINA Reports Second Quarter 2017 Financial Results

August 9, 2017 5:38 AM EDT

BEIJING, Aug. 9, 2017 /PRNewswire/ -- SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced its unaudited financial results for the second quarter ended June 30, 2017.

Second Quarter 2017 Highlights

Net revenues increased 47% year over year to $358.9 million. Non-GAAP net revenues increased 48% year over year to $356.3 million. Advertising revenues increased 44% year over year to $295.2 million. Non-advertising revenues increased 64% year over year to $63.8 million. Non-GAAP non-advertising revenues increased 68% year over year to $61.2 million. Income from... More