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Sina Corp.Q3 2009 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 7:41 AM ET November 27 2009

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Sina Corporation third quarter revenues fell 8.5% to $96.4 million and net income fell 11.6% to $16.7 million or 29 cents a share.


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Okay, Steve. I''ll take -- this is Herman. I''ll take the second question. So what I said was if you were to exclude the impact from SINA real estate business and also if you were to report it on a non-GAAP basis, which excludes stock based compensation and amortization of intangibles. The non-GAAP operating income for the first three quarters of this year would be $10.3 million for the first quarter, $12.4 million for the second quarter and $16.7 million for the third quarter.

Steve Weinstein - Pacific Crest Securities

That''s non-GAAP operating income, right?

Herman Yu

Yes.

Steve Weinstein - Pacific Crest Securities

It''s not non-GAAP net income, okay.

Herman Yu

Non-GAAP operating income, the net income would not change because what happen is going forward we will be reporting all of these things in other income and then our net income, if you were to go back to the last three quarters, it would not be effective.

Steve Weinstein - Pacific Crest Securities

Okay.

Operator

All right. It looks like there are no further questions in the queue. I would like to turn it over to Cathy Peng.

Cathy Peng

Okay. That concludes the conference call today. Thank you for joining us. If you have any further questions feel free to contact us. We''ll see you next quarter.
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