— Sina Corporation (NASDAQ: SINA) reported its third-quarter 2019 adjusted earnings of $0.94 per share versus $0.59 per share expected.
— Net revenues rose by 1% to $561.4 million while adjusted revenue increased by 1% to $558.8 million. This is compared to the consensus estimates of $555.69 million.
— Advertising revenues fell by 5% primarily due to a decline in portal advertising revenues and negative currency translation impact.
— Non-advertising revenues jumped by 37% on increased revenues generated from SINA fin-tech businesses and revenues derived from Weibo’s live streaming business acquired in the fourth quarter of 2018.
— As of September 30, 2019, SINA’s cash, cash equivalents, and short-term investments totaled $2.9 billion, compared to $2.3 billion as of December 31, 2018, mainly due to net proceeds received from Weibo’s senior notes offering.
Listen to on-demand earnings calls and hear how management responds to analysts’ questions
Most Popular
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
HRL Earnings: All you need to know about Hormel Foods’ Q4 2025 earnings results
Hormel Foods Corporation (NYSE: HRL) reported its fourth quarter 2025 earnings results today. Net sales increased 1.5% year-over-year to $3.18 billion. Organic sales were up 2%. Net loss attributable to Hormel
