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SINA Reports First Quarter 2019 Unaudited Financial ResultsFirst Quarter 2019 Highlights
Both net revenues and non-GAAP net revenues increased 8% year-over-year to $475.1 million and $472.5 million.
Advertising revenues increased 6% year-over-year to $388.0 million.
Non-advertising revenues increased 18% year-over-year to $87.1 million.
Non-GAAP non-advertising revenues increased 19% year-over-year to $84.5 million.
Income from operations increased 19% year-over-year to $86.9 million.
Non-GAAP income from operations increased 21% year-over-year to $114.2 million.
Net income attributable to SINA was $33.1 million, or $0.46 for diluted net income per share attributable to SINA's ordinary shareholders.
Non-GAAP net income attributable to SINA was $28.9 million, or $0.40 for non-GAAP diluted net income per share attributable to SINA's ordinary shareholders.
Gross margin for the first quarter of 2019 was 76%, compared to 75% for the same period last year.
Source: PR Newswire
https://finance.yahoo.com/news/sina-rep ... 00788.html
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