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SINA Delivers Another Stellar Quarter With Broad Growth


SINA Delivers Another Stellar Quarter With Broad Growth

SINA Corporation (NASDAQ: SINA) released stronger-than-expected third-quarter 2017 results on Tuesday morning, detailing sustained momentum at microblogging site Weibo, a return to growth for advertising at its core portal business, and meaningful contributions from its newer internet finance business.

With shares of the Chinese online media company down more than 6% on the news -- a likely consequence of profit-taking given its 80% year-to-date gain as of yesterday's close -- let's take a closer look at what drove SINA's business as it kicked off the second half of 2017.

Q3 2017

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Source: Fool.com

Sina Corp. Aktie

36,27 €
-0,19 %
Ein geringer Kursrückgang bei Sina Corp. heute, um -0,19 %.

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