SINA Reports Fourth Quarter and Fiscal Year 2018 Unaudited Financial Results
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SINA Corporation (SINA) PT Raised to $91 at Citi Following 4Q
March 7, 2019 7:24 AM ESTCiti analyst Alicia Yap raised the price target on SINA Corporation (NASDAQ: SINA) to $91.00 (from $82.00) while maintaining a Buy rating following the company's 4Q earnings report. SINA reported non-GAAP net revenues of $573m, +14%, relatively flattish vs. consensus, driven by total ad revs +14% yoy to... More
Sina Corp (SINA) Tops Q4 EPS by 6c, Revenues Beat; Offers FY19 Revenue Mid-Point Guidance Above Consensus (Earlier)
March 5, 2019 6:27 AM ESTSina Corp (NASDAQ: SINA) reported Q4 EPS of $0.80, $0.06 better than the analyst estimate of $0.74. Revenue for the quarter came in at $573 million versus the consensus estimate of $569.02 million.
Both net revenues and non-GAAP net revenues increased 14% year-over-year to $573.0 million and $570.4 million, respectively.Advertising revenues increased 14% year-over-year to $484.3 million.Non-advertising revenues increased 12% year-over-year to $88.7 million. Non-GAAP... More