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|||Net revenues increased 13% year-over-year to $56.1 million, exceeding the Companys previous guidance of between $51.0 million and $54.0 million.|
|||Advertising revenues increased 42% year-over-year to $32.7 million, exceeding the Companys previous guidance of between $31.0 million and $32.0 million.|
|||Non-advertising revenues declined 12% year-over-year to $23.4 million, exceeding the Companys previous guidance of between $20.0 million and $22.0 million.|
|||GAAP net income was $10.7 million, or $0.19 diluted net income per share.|
|||Non-GAAP net income* was $14.6 million, or $0.25 non-GAAP diluted net income per share.|
For the third quarter of 2006, SINA reported net revenues of $56.1 million, compared to $49.6 million in the same period last year and $53.7 million last quarter.
The following information was filed by Sina Corp (SINA) on Thursday, November 2, 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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