Long
$SINA COULD POSSIBLY DOUBLE
====PRICE TARGET $55 25% GAIN======.
The company said adjusted earnings were 76 cents per share on revenue of $533 million. Wall Street expected earnings of 47 cents on revenue of $510.2 million.
Sina stock jumped 7.6%, near 40.45, during morning trading on the stock market today.
Advertising revenue for the second quarter dropped 5% to $433.6 million, the Sina earnings release said. Non-advertising revenue climbed 19% to $99.4 million.
The company said adjusted earnings were 76 cents per share on revenue of $533 million. Wall Street expected earnings of 47 cents on revenue of $510.2 million.
Sina stock jumped 7.6%, near 40.45, during morning trading on the stock market today.
Advertising revenue for the second quarter dropped 5% to $433.6 million, the Sina earnings release said. Non-advertising revenue climbed 19% to $99.4 million.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.