Seeking Alpha
 

Sina Corporation (SINA)

- NASDAQ
  • Mar. 12, 2013, 1:23 PM
    A selloff in Shanghai and poor guidance from Perfect World (PWRD -7.9%) lead some Chinese Internet stocks to underperform. YY -7.1%. BIDU -2%. SINA -2.5%. GAME -2.6%. Citi has downgraded Perfect World to Neutral on sales and margin concerns. On the earnings call, management mentioned sales of PWRD's popular Torchlight 2 game are expected to see a Q1 drop. One title the company has high hopes for (Neverwinter) will launch in Q2, while two others (Saint Seiya and Swordsman Online) are expected around mid-year.
    | Comment!
  • Feb. 20, 2013, 9:27 AM
    Sina (SINA) +7.6% as praise pours in for its Q4 beat, which was highlighted by growing Weibo revenue (20% of total). Stifel predicts Weibo, which produced a 2011/2012 surge in R&D spend, will turn an operating profit in Q4. On its earnings call, Sina admitted Tencent's (TCEHY.PK) WeChat mobile messaging platform, which now has 300M registered accounts, contributed to a "slight decrease in average time spent" by Weibo users. But it insisted Weibo and its 500M+ accounts now have a "critical mass," and said it's investing heavily to increase Weibo's mobile reach.
    | Comment!
  • Feb. 19, 2013, 5:54 PM
    Sina (SINA) now +6.6% following its Q4 beat. Along with its report, the company  announces COO Hong Du is now a co-president, and former Cisco/eBay exec Jack Xu has been named CTO. Online ad sales +7% Y/Y to $110.7M (80% of revenue). Mobile value-added services (VAS) continue plunging, -38% to $13.2M. But Weibo VAS (closely-watched) +181% to $10.6M. Opex +11% Y/Y, higher than revenue growth. Gross margin was 57%, up from 54% in Q3 and a year ago. CC at 8PM ET (webcast). (PR)
    | Comment!
  • Feb. 19, 2013, 4:38 PM
    Sina (SINA): Q4 EPS of $0.13 beats by $0.08. Revenue of $134.4M (+4% Y/Y) beats by $0.5M. Expects Q1 revenue of $115M-$119M vs. $117.4M consensus. Shares -2.2% AH. (PR)
    | Comment!
  • Feb. 19, 2013, 12:10 AM
    Notable earnings after Tuesday’s close: ADI, AMRS, ANAD, BAS, BJRI, CF, DELL, DX, FNF, GTAT, HLF, LLNW, MAR, MDRX, MM, NBR, NFX, QEP, SHO, SINA, TEX, ZIXI
    | Comment!
  • Feb. 18, 2013, 5:35 PM
    Notable earnings after Tuesday’s close: ADI, AMRS, ANAD, BAS, BJRI, CF, DELL, DX, FNF, GTAT, HLF, LLNW, MAR, MDRX, MM, NBR, NFX, QEP,SHO, SINA, TEX, ZIXI
    | Comment!
  • Nov. 16, 2012, 11:27 AM
    Sina (SINA -15.2%) is near its 52-week low as investors register disappointment with the Q4 guidance accompanying its Q3 beat. Downgrading shares to Sell, Citi expresses concerns about Sina's slumping mobile portal business and suggests it's time to start valuing the company on a P/E basis, something many haven't done on account of Weibo spending, which led R&D expenses to rise 46% Y/Y in Q3. Weibo registered users rose 15% Q/Q to 424M, though only 10% were daily active users. 72% of DAUs at least partly accessed via mobile. (transcript)
    | 1 Comment
  • Nov. 15, 2012, 4:50 PM
    More on SINA (SINA): Q3 beats on both EPS and revenue expectations as total revenue increase by 18% Y/Y. The company lowers Q4 guidance however, on a decline in non-advertising revenues due to new operator policies to reduce customer complaints. It now sees revenue between $132M - $136M. The Street view is for $155M in revenue. Shares -2% AH.
    | Comment!
  • Nov. 15, 2012, 4:35 PM
    Sina (SINA): Q3 EPS of $0.17 beats by $0.06. Revenue of $147.7M (+18% Y/Y) beats by $1.7M. Shares -8.5% AH. (PR)
    | Comment!
  • Nov. 15, 2012, 12:10 AM
    Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, ATW, DELL, DOLE, FMCN, GPS, INTU, MRVL, SHLD, SINA
    | Comment!
  • Nov. 14, 2012, 5:35 PM
    Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, ATW, DELL, DOLE, FMCN, GPS, INTU, MRVL, SHLD, SINA
    | Comment!
  • Aug. 15, 2012, 6:25 PM
    More on Sina's Q2: Gross margin was 53%, down from 57% in the year-ago period but up from 46% in Q1, and partly responsible for the EPS beat. Also, operating expenses, which have been ramping due to Weibo investments, only rose 17% Y/Y, a slowdown from recent quarters. Sales/marketing expenses actually declined. Ad revenue +12% Y/Y, an improvement from Q1's 9%. SINA +5.5% AH. (PR)
    | Comment!
  • Aug. 15, 2012, 5:35 PM
    Sina (SINA): Q2 EPS of $0.05 beats by $0.07. Revenue of $126.9M (+11% Y/Y) misses by $0.4M. Expects Q3 revenue of $145M-$148M, in-line with $147.3M consensus. Shares +3% AH. (PR)
    | 2 Comments
  • Aug. 15, 2012, 12:10 AM
    Notable earnings after Wednesday’s close: A, AMAT, CSCO, EXM, LTD, MIPS, NTAP, NTES, PETM, SINA
    | Comment!
  • Aug. 14, 2012, 5:35 PM
    Notable earnings after Wednesday’s close: A, AMAT, CSCO, EXM, LTD, MIPS, NTAP, NTES, PETM, SINA
    | Comment!
  • Jul. 23, 2012, 4:42 PM
    More on Baidu's Q2: 352K online ad customers, +9.7% Q/Q and +18.1% Y/Y. Revenue/customer was $2,440, +16.5% Q/Q and +34.8% Y/Y. Traffic acquisition costs were 8.3% of revenue, up from 7.8% in Q1 and 7.9% in year-ago period. SG&A expenses +55.6% Y/Y, R&D expenses +82.7%. BIDU +5.5% AH. Up in sympathy: SINA +2.8%. SOHU +2.5%. YOKU +1.7%. (PR)
    | Comment!
Visit Seeking Alpha's
SINA vs. ETF Alternatives
Company Description
SINA Corp is an online media company and MVAS provider in the People's Republic of China and for the global Chinese communities.
Sector: Technology
Country: China