Weibo Message Board - Msg: 29518328

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Weibo

WB 10.81

-0.7%

Nov 3 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Sam	5/2/2014 8:36:40 PM
	of 54

Sina -3.4% AH; Q1 results pre-announced, licenses to be revoked • 5:14 PM SINA expects to report Q1 revenue of $171M and EPS of $0.15, above a consensus of $164.7M and $0.13. The company also announces it received two notices from Chinese regulators stating its "License for Online Transmission of Audio-Visual Programs would be revoked due to certain unhealthy and indecent content from third-parties or by users" on Sina.com and its affiliated online literature site. Sina says it's still "evaluating the impact" of the decision. The notices arrive a week after media reports stated Sina's licenses are being revoked. Subsidiary Weibo ( WB) is down 0.9% AH. Sina's Q1 report will arrive "on or around" May 21.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next