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Renren Inc (RENN.N)

RENN.N on New York Stock Exchange

10.32USD
14 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Renren reports Q2 revenue $22.3 million
Wednesday, 30 Aug 2017 09:21am EDT 

Aug 30 (Reuters) - Renren Inc :Renren announces unaudited second quarter 2017 financial results.Q2 revenue rose 55.4 percent to $22.3 million.Sees Q3 2017 revenue $60 million to $65 million.Sees Q3 2017 revenue up 235.5 to 263.4 percent.Renren Inc qtrly ‍net loss per share attributable to Renren Inc. shareholders $0.68​.Renren- Continuing to pursue plan to dispose newly formed unit that would hold its ad agency unit,investments in minority stakes in investee cos.  Full Article

Renren sees Q2 2017 revenue $21.5 mln to $23.5 mln
Wednesday, 21 Jun 2017 06:00am EDT 

June 21 (Reuters) - Renren Inc ::Renren announces unaudited first quarter 2017 financial results.Q1 revenue rose 94.3 percent to $20.9 million.Sees Q2 2017 revenue $21.5 million to $23.5 million.Sees Q2 2017 revenue up 49.6 to 63.5 percent.Renren Inc says qtrly advertising and IVAS net revenues were US$11.6 million, a 90.2% increase from corresponding period in 2016.Qtrly loss per share $0.02.Renren Inc says monthly unique log-in users decreased from approximately 37 million in March 2016 to approximately 34 million in March 2017.Qtrly loss per ADS $0.24.Renren Inc says qtrly login users' monthly average time spent increased 22.5% year-over-year.Qtrly adjusted net loss was $11.0 million, compared to adjusted net loss of us$15.9 million.  Full Article

Renren sees Q1 2017 revenue $20 mln to $22 mln
Monday, 15 May 2017 04:16pm EDT 

May 15 (Reuters) - Renren Inc ::Renren announces unaudited fourth quarter and fiscal year 2016 financial results and update on proposed transactions.Q4 revenue rose 49.8 percent to $20.3 million.Sees Q1 2017 revenue $20 million to $22 million.Sees Q1 2017 revenue up 85.5 to 104.1 percent.Renren Inc says Q4 advertising and ivas net revenues were us$34.0 million, a 4.7% increase from 2015.Qtrly loss per share $0.05; net loss per ads $0.78.  Full Article

Renren announces disposition of certain shares of Social Finance
Thursday, 6 Apr 2017 06:00am EDT 

Renren Inc - : Renren Inc announces disposition of certain shares of Social Finance Inc . Renren Inc- sold preferred shares of social finance to certain investors on april 4, 2017 . Renren Inc - company received net proceeds of $91.9 million for shares . Renren Inc- after the transaction, company still has 85.9% of its previous holdings in sofi .Renren - sold preferred shares of social finance to certain investors on april 4, in connection with sofi's most recent round of equity financing.  Full Article

Renren Q3 shr loss per ADS $0.07
Thursday, 15 Dec 2016 09:00pm EST 

Renren Inc : Qtrly net loss attributable to Renren Inc shareholders per ADS $0.07 . Renren announces unaudited third quarter 2016 financial results . Q3 revenue rose 102.8 percent to $17.9 million . Sees q4 2016 revenue $18.5 million to $20.5 million .Sees q4 2016 revenue up 36.3 to 51.1 percent.  Full Article

Renren announces intention to undertake spin-off
Friday, 30 Sep 2016 06:00am EDT 

Renren Inc : Plans to distribute no less than 80 percent of shares of spinco to shareholders that exercise rights and intends for such distribution to qualify, for tax purposes . Says company plans to distribute rights, exercisable for shares in Spinco, to company's shareholders on a pro rata basis . Says to spin off newly formed unit that will hold woxiu.com and most of company's investments in minority stakes in privately held companies . Intends for the distribution to qualify, for U.S. tax purposes, as a tax-free distribution to company's U.S. Shareholders . Says following spin-off, Spinco will be a privately held company not subject to public company reporting requirements .Will distribute cash in lieu of fractional rights and cash to holders of rights who cannot exercise or who choose not to exercise their rights.  Full Article

Renren quarterly loss per ADS $0.14
Tuesday, 16 Aug 2016 07:50am EDT 

Renren Inc : Quarterly loss per ADS $0.14 . Q2 revenue rose 38.5 percent to $14.4 million . Sees Q3 2016 revenue $17.5 million to $19.5 million . Sees Q3 2016 revenue up 98.4 to 121.1 percent .Says company will not host a conference call.  Full Article

Renren Q1 revenue rose 29.2 pct to $10.8 mln
Wednesday, 8 Jun 2016 06:12am EDT 

Renren Inc : Renren inc says q1 advertising and IVAS net revenues were us$6.1 million , representing a 24.8% decrease from corresponding period of 2015 . Renren inc says q1 net loss attributable to company was us$23.2 million , compared to a net loss of us$23.8 million in corresponding period in 2015 . Renren inc says q1 adjusted net loss was us$15.9 million , compared to an adjusted net loss of us$17.6 million in corresponding period in 2015 . Qtrly loss per share $0.03 . Renren announces unaudited first quarter 2016 financial results . Q1 revenue rose 29.2 percent to $10.8 million . Sees q2 2016 revenue $13 million to $15 million .Sees q2 2016 revenue up 25.2 to 44.5 percent.  Full Article

Renren posts Q4 loss $0.22/ADS
Monday, 16 May 2016 06:18am EDT 

Renren Inc : Renren announces unaudited fourth quarter and fiscal year 2015 financial results . Renren Inc qtrly net loss attributable to company was us$53.0 million , compared to a net income of US$35.0 million . Renren Inc qtrly adjusted net loss was US$43.2 million , compared to an adjusted net income of US$43.2 million . Qtrly loss per ADS $0.22 . Q4 revenue rose 24 percent to $13.6 million . Sees Q1 2016 revenue $10 million to $11 million .Sees Q1 2016 revenue up 19.9 to 31.9 percent.  Full Article

BRIEF-Renren reports Q2 revenue $22.3 million

* Renren announces unaudited second quarter 2017 financial results