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SINA Corp Issues Q4 2013 Revenue Guidance Above Analysts' Estimates

Tuesday, 12 Nov 2013 04:45pm EST 

SINA Corp announced that for the fourth quarter of 2013, it expects non-GAAP net revenues be between $190 million and $194 million, including advertising revenues to be between $160 million and $162 million and non-GAAP non-advertising revenues to be between $30 million and $32 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 $182 million for the fourth quarter of 2013. 

Company Quote

-0.39 -1.06%
29 Jan 2015