SINA Reports Second Quarter 2020 Unaudited Financial Results
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RBC Capital Reiterates Outperform Rating on Alibaba (BABA)
September 30, 2020 7:20 AM EDTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and $300.00 price target on Alibaba (NYSE: BABA) following day 2 of the company's virtual investor day. Day 2 featured presentations on Digital Media & Entertainment, Freshippo, Local Consumer Services, Cainiao Network and Cloud Intelligence.
Mahaney expects... More
Sina Corp (SINA) Tops Q2 EPS by 11c, Revenues Beat
September 28, 2020 6:04 AM EDTSina Corp (NASDAQ: SINA) reported Q2 EPS of $0.54, $0.11 better than the analyst estimate of $0.43. Revenue for the quarter came in at $507 million versus the consensus estimate of $482.85 million.
Second Quarter 2020 Highlights
Net revenues decreased 5% year-over-year to $507.7 million. Non-GAAP net revenues decreased 5% year-over-year to... More
