Sina Results Top Estimates

(RTTNews) - Chinese online media company Sina Corp (SINA) on Thursday reported first-quarter net loss of $10.3 million or $0.18 per share compared with a loss of $33.2 million or $0.52 per share last year.

Excluding items, adjusted earnings for the quarter were $0.04 per share compared with earnings of $0.15 per share a year ago.

Analysts polled by Thomson Reuters estimated a loss of $0.01 per share for the quarter. Analysts' estimates typically exclude special items.

Sina reported quarterly revenues of $184.6 million compared with $171.5 million last year.

Adjusted revenues totaled $182 million compared with $167.3 million a year ago. Analysts estimated revenues of $180.7 million.