Plus   Neg

Sina Corporation Profit Climbs 32% In Q3

Sina Corporation (SINA) announced earnings for its third quarter that advanced from last year.

The company said its bottom line totaled $57.67 million, or $0.77 per share. This was up from $43.71 million, or $0.56 per share, in last year's third quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 61.8% to $440.54 million. This was up from $272.27 million last year.

Sina Corporation earnings at a glance:

-Earnings (Q3): $57.67 Mln. vs. $43.71 Mln. last year.
-Earnings Growth (Y-o-Y): 31.9%
-EPS (Q3): $0.77 vs. $0.56 last year.
-EPS Growth (Y-o-Y): 37.5%
-Analysts Estimate: $0.56
-Revenue (Q3): $440.54 Mln vs. $272.27 Mln last year.
-Revenue Change (Y-o-Y): 61.8%

For comments and feedback contact: editorial@rttnews.com

Follow RTT