SINA Smashes (Modest) Expectations on Non-Ad Growth
SINA (NASDAQ: SINA) released second-quarter 2019 results on Monday. And while the Chinese internet media company's headline numbers might not drop any jaws at first glance, the expected struggles of its portal advertising business were nearly offset by the relative outperformance of SINA's supplementary operations and its Weibo microblogging platform.
That was enough to drive shares up more than 15% Monday in response. So let's dig deeper into what SINA had to say as it ended the first half.
Q2 2019
Source Fool.com
