Renren (RENN), sometimes called "the Facebook of China," drops 11% AH after reporting Q3 revenue...

|About: Renren Inc. (RENN)|By:, SA News Editor

Renren (RENN), sometimes called "the Facebook of China," drops 11% AH after reporting Q3 revenue of $34.2M (+57% Y/Y) and breakeven EPS, missing consensus by $0.9M and a penny. Ad revenue rose 92% Y/Y to $19.6M, and gaming revenue rose 24% to $11M. Renren is guiding for Q4 revenue of $31M-$33M, below a $35M consensus.