SINA News

SINA Corp.'s (SINA) first-quarter top line reflects weakness in advertising revenues due to the adverse impact of the coronavirus pandemic on overall advertising demand.

SINA Corporation (NASDAQ:SINA), which is in the interactive media and services business, and is based in China, saw a...

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Image source: The Motley Fool. Sina Corporation (NASDAQ: SINA)Q1 2020 Earnings CallMay 19, 2020, 8:10 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by and welcome to the SINA First Quarter of 2020 Earnings Conference Call.

Q4 2019 SINA Corp Earnings Call

NEW YORK, NY / ACCESSWIRE / February 26, 2020 / SINA Corp. (NASDAQ:SINA) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on February 26, 2020 at 7:10 AM ...

Shares of SINA (NASDAQ:SINA) rose 2.8% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 37.50% year over year to $0.25, which beat the estimate of $0.07.Revenue of $432,442,000 declined by 8.48% year over year, which beat the estimate of $385,620,000.Looking Ahead SINA hasn't issued any earnings guidance for the time being.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: May 19, 2020View more earnings on SINATime: 08:10 AMET Webcast URL: https://edge.media-server.com/mmc/p/k87zu6itPrice Action Company's 52-week high was at $52.0152-week low: $26.04Price action over last quarter: Up 8.33%Company Description Sina is a leading online media company in China, established in 1998. In 2009, Sina launched the first Twitter-like social media platform in China, Weibo, which has reached 361 million monthly active users and 159 million daily active users. Sina holds 46% of shares and has 72% voting power in Weibo, and Alibaba holds 31.4% of shares and 14.8% voting power. About 85% of net revenue is from online advertising, with 29.5% from portal advertising and 55.4% from Weibo advertising.See more from Benzinga * Dycom Industries: Q1 Earnings Insights * Recap: McEwen Mining Q1 Earnings * Recap: iQIYI Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Sina earnings and revenue topped fourth-quarter views for the Chinese internet portal and majority owner of Weibo. Sina stock wavered on the earnings report released early Wednesday.

SINA and Weibo are often considered also-rans in China’s crowded tech sector -- but could both stocks rebound as the macro headwinds wane?

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China online media company Sina reported first-quarter results early Tuesday that topped Wall Street estimates on the top and bottom line, though revenue fell from the year-ago quarter.

SINA Corporation (the "Company") (Nasdaq: SINA), a leading online media company serving China and the global Chinese communities, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the U.S. Security and Exchange Commission on April 29, 2020. The annual report, which contains its audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website: http://corp.sina.com.cn. Shareholders may receive a hard copy of the annual report free of charge upon request.

SINA Corp.'s (SINA) fourth-quarter top line reflects growth in non-advertising revenues, driven by the company's fin-tech businesses.

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SINA Corporation (the "Company" or "SINA") (NASDAQ: SINA), a leading online media company serving China and the global Chinese communities, today announced its unaudited financial results for the first quarter ended March 31, 2020.

SINA Corporation (NASDAQ GS: SINA), a leading online media company serving China and the global Chinese communities, will announce its unaudited financial results for the first quarter 2020 before the U.S. market opens on Tuesday, May 19, 2020. Following the announcement, SINA's management team will host a conference call from 8:10 a.m. – 8:40 a.m. Eastern Time on May 19, 2020 (or 8:10 p.m. – 8:40 p.m. Beijing Time on May 19, 2020) to present an overview of the Company's financial performance and business operations.

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Moody's Investors Service says that Weibo Corporation's (Baa1 stable) 2019 results were broadly in line with Moody's expectations, but 2020 revenue and cash flow will be weakened by the slower economic growth in China. "We expect that Weibo's revenue growth will be dampened by China's slowing economic growth, adding uncertainty to cash flow and raising leverage," says Lina Choi, a Moody's Senior Vice President. "But the company's solid market position in social advertising, flexible cost structure and net cash position will provide some buffer against short-term disruptions," adds Choi, who is also Moody's Lead Analyst for Weibo.