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Sina Corporation (SINA)

- NASDAQ
  • Aug. 11, 2013, 5:35 PM
  • Aug. 1, 2013, 5:45 PM
    • YY's Q3 guidance is for revenue of RMB430M-RMB440M ($70.1M-$71.8M), good for 88%-92% Y/Y growth and well above a consensus of $61.4M.
    • Q2 music services (YY Music) revenue +189% Y/Y to $27.8M (42% of total) thanks to a 174% increase in paid users to 635K.
    • Online game revenue +87% Y/Y to $24.8M.  Paid users +61% to 440K, Q2 ARPU +16% to RMB346 ($56.72).
    • Online ads +42% to $6.9M, other revenue (membership program) +149% to $7.1M.
    • Opex doubled Y/Y to $22.4M thanks to higher R&D and G&A spend. But since gross profit rose 136% Y/Y on the back of 118% rev. growth, op. margin rose to 20.2% from 12.7% a year ago.
    • Chinese social networking peers are up in sympathy. Renren (RENN) +2.8% AH after soaring 19.5% in regular trading in the absence of major news. Sina (SINA) +0.8% after rising 6.8% thanks to Alibaba's moves.
    • Q2 results, PR
    | Aug. 1, 2013, 5:45 PM | 1 Comment
  • May 16, 2013, 5:08 PM
    Sina (SINA): Q1 EPS of $0.02 beats by $0.05. Revenue of $126M (+19% Y/Y) beats by $8.5M. Expects Q2 revenue of $143M-$147M, above $142.7M consensus. Shares +4.6% AH. (PR)
    | May 16, 2013, 5:08 PM | Comment!
  • May 16, 2013, 12:10 AM
    Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, BRCD, DELL, JCP, JWN, SINA, VNET
    | May 16, 2013, 12:10 AM | Comment!
  • May 15, 2013, 5:35 PM
    Notable earnings after Thursday’s close: ADSK, AMAT, ARUN, BRCD, DELL, JCP, JWN, SINA, VNET
    | May 15, 2013, 5:35 PM | Comment!
  • Mar. 20, 2013, 10:57 AM
    Solid earnings from Tencent (TCEHY.PK) and a rally in Shanghai help Chinese Internet stocks trade higher. YOKU +3.8%. SINA +2.8%. QIHU +2.5%. SOHU +1.8%. YY +1.8%. NTES +1.5%. PWRD +1.7%. Tencent, which rose 1.5% in Hong Kong, reported a 53% Y/Y increase in Q4 sales to $1.96B, and a 37% increase in net income to $557M. Ad sales were better than expected, and value-added service sales (includes online games) rose 32%. Registered accounts for Tencent's WeChat mobile IM platform, which competes with Sina's Weibo, have topped 300M.
    | Mar. 20, 2013, 10:57 AM | Comment!
  • 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.
    | Mar. 12, 2013, 1:23 PM | 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.
    | Feb. 20, 2013, 9:27 AM | 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)
    | Feb. 19, 2013, 5:54 PM | 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)
    | Feb. 19, 2013, 4:38 PM | 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
    | Feb. 19, 2013, 12:10 AM | 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
    | Feb. 18, 2013, 5:35 PM | 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)
    | Nov. 16, 2012, 11:27 AM | 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.
    | Nov. 15, 2012, 4:50 PM | 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)
    | Nov. 15, 2012, 4:35 PM | 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
    | Nov. 15, 2012, 12:10 AM | Comment!
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Company Description
SINA Corp is an online media company and MVAS provider in the People's Republic of China and for the Chinese communities.
Sector: Technology
Country: China