Sina Reports Q4 2012: Net Revenues Were $139.1 Million, EPS Were 3 Cents

Posted on Feb 20 2013 - 11:26am by Editorial Staff
Sina Weibo

Sina Weibo

Sina has announced its unaudited financial results for the fourth quarter ended December 31, 2012. For the fourth quarter 2012, the company reported the net revenues increased 4% year over year to $139.1 million while the non-GAAP net revenues increased 4% year over year to $134.4 million. The revenue from advertising grew 7% year over year to $110.7 million while non-advertising revenue decreased 4% year over year to $28.5 million. Non-GAAP non-advertising revenues decreased 5% year over year to $23.8 million. Net income attributable to Sina was $2.4 million, or $0.03 diluted net income per share attributable to Sina.  Non-GAAP net income attributable to Sina was $9.0 million, or $0.13 non-GAAP diluted net income per share attributable to Sina.

On the other end for the fiscal 2012, the company reported the net revenues increased 10% year over year to $529.3 million while the non-GAAP net revenues increased 10% year over year to $510.6 million. Advertising revenues grew 12% year over year to $412.9 million while Non-advertising revenues increased 2% year over year to $116.4 million.  Non-GAAP non-advertising revenues increased 2% year over year to $97.7 million. The Net income attributable to Sina was $31.7 million, or $0.47 diluted net income per share attributable to Sina.  Non-GAAP net income attributable to Sina was $10.4 million, or $0.15 non-GAAP diluted net income per share attributable to Sina.

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