SINA Enters into Definitive Agreement for "Going Private" Transaction

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Sina Corp (SINA) Tops Q2 EPS by 11c, Revenues Beat

September 28, 2020 6:04 AM EDT

Sina 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