SINA Reports First Quarter 2020 Unaudited Financial Results

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Sina Corp (SINA) Tops Q1 EPS by $1.14, Revenues Beat

May 19, 2020 6:07 AM EDT

Sina Corp (NASDAQ: SINA) reported Q1 EPS of $1.21, $1.14 better than the analyst estimate of $0.07. Revenue for the quarter came in at $435.05 million versus the consensus estimate of $385.62 million.

First Quarter 2020 Highlights

Net revenues decreased 8% year-over-year to $435.1 million. Non-GAAP net revenues decreased 8% year-over-year to... More