Edition:
United States

Sina reports second quarter 2016 financial results


Monday, 8 Aug 2016 04:30pm EDT 

Sina Corp : Sina reports second quarter 2016 financial results . Q2 non-GAAP earnings per share $0.27 . Q2 earnings per share view $0.15 -- Thomson Reuters I/B/E/S . Q2 earnings per share $0.59 . Sees FY 2016 revenue $950 million to $1.0 billion . Qtrly net revenues increased 14 pct year over year to $244.0 million . Qtrly non-GAAP net revenues increased 14 pct year over year to $241.4 million . Qtrly advertising revenues grew 16 pct year over year to $205.0 million . Says for year 2016, Sina currently estimates that its non-GAAP net revenues are between $950 million and $1 billion .FY 2016 earnings per share view $0.83, revenue view $951.6 million -- Thomson Reuters I/B/E/S.