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|||Net revenues of $46.7 million increased 2% year-over-year.|
|||Advertising revenues of $22.2 million increased 33% year-over-year.|
|||Non-advertising revenues of $24.5 million decreased 16% year-over-year.|
|||U.S. GAAP net income of $7.0 million, or $0.12 diluted net income per share.|
|||Non-GAAP net income of $9.6 million, or $0.16 non-GAAP diluted net income per share. The Companys non-GAAP net income target range for the first quarter of 2006 was $8.5 million to $9.5 million. Non-GAAP measures are described below and reconciled to the corresponding GAAP measures in the section below titled Reconciliation of Non-GAAP to GAAP Results.|
For the first quarter of 2006, SINA reported net revenues of $46.7 million, compared to $45.8 million in the same period last year and $52.0 million last quarter.
The following information was filed by Sina Corp (SINA) on Tuesday, May 9, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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