Sina announced its first quarter earnings on May 9, reporting nearly 60% growth in revenues to $441 million. Weibo advertising was the largest contributor to the revenue growth in the March quarter, with revenues increasing nearly 80% on a y-o-y basis to $303 million for the quarter. Revenue Growth Likely To ContinueWe expect the strong revenue growth to continue through the current year. We expect combined advertising revenues to continue to drive top line growth, particularly due to strength at Weibo. You can change expected segment revenue and margin figures for Sina to gauge how it will impact expected EPS for the full year.

Source: Forbes May 10, 2018 19:07 UTC