Earning 非常滥。
The company forecast adjusted second-quarter revenue, which excludes the
impact of deferred-license revenue, of $126 million to $129 million, just
under estimates of $130 million from analysts polled by Thomson Reuters.
Sina's core earnings have continued to deteriorate amid higher product-
development and advertising costs.
In the latest quarter, Sina posted a loss of $13.7 million, or 21 cents a
share, compared with a year-earlier profit of $15 million, or 23 cents a
share. Excluding stock-based compensation, amortization and other
adjustments, the company's per-share profit a year ago was 25 cents a share.
Analysts polled by Thomson Reuters expected a loss of 23 cents a share.
Net revenue rose 6% to $106.2 million. Excluding deferred revenue, the top
line was $101.5 million, in line with the company's February forecast of $
101 million to $104 million.
Gross margin narrowed to 46.2% from 53.2%, as input costs rose 22%.
Operating expenses rose 60%.
Advertising revenue, the biggest top-line contributor, rose 8.6% to $78.5
million, while nonadvertising revenue edged down 0.7% to $27.7 million.
