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SINA Corp Issues Q1 2013 Revenue Guidance In Line With Analysts' Estimates


Tuesday, 19 Feb 2013 04:30pm EST 

SINA Corp announced that for the first quarter of 2013, it expects non-GAAP net revenues to be between $115 million and $119 million, including advertising revenues to be between $94 million and $96 million, and non-GAAP non-advertising revenues to be between $21 million and $23 million. Non-GAAP net revenues and non-GAAP non-advertising revenues exclude the recognition of $4.7 million in deferred license revenues related to SINA's equity investment in E-House/CRIC. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $118 million for the first quarter of 2013.