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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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.