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SINA Corporation Q4 net revenues increased 21%

Staff writer ▼ | March 7, 2016
SINA Corporation announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2015. Q4 net revenues increased 21% year over year to $256.2 million.
SINA Corporation
SINA Corporation   Non-GAAP net revenues increased 22%
Non-GAAP net revenues increased 22% year over year to $253.6 million. Advertising revenues grew 23% year over year to $223.2 million. Non-advertising revenues were $33.0 million. Non-GAAP non-advertising revenues were $30.4 million.

Net income attributable to SINA was $14.6 million, or $0.21 diluted net income per share attributable to SINA. Non-GAAP net income attributable to SINA was $24.8 million, or $0.35 non-GAAP diluted net income per share attributable to SINA.

Fiscal year 2015

Net revenues increased 15% year over year to $880.7 million. Non-GAAP net revenues increased 15% year over year to $870.2 million, within the Company’s annual guidance between $800 million and $900 million.

Advertising revenues grew 16% year over year to $743.2 million. Non-advertising revenues were $137.4 million. Non-GAAP non-advertising revenues were $127.0 million.

Net income attributable to SINA was $25.7 million, or $0.40 diluted net income per share attributable to SINA. Non-GAAP net income attributable to SINA was $56.2 million, or $0.89 non-GAAP diluted net income per share attributable to SINA.


 

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