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Actionable news in SINA: Sina Corporation,

Sina Stock Falls in After-Hours Trading After Reporting Q1 Results

NEW YORK (TheStreet) -- Sina (SINA - Get Report) stock is lower by 3.67% to $48 in after-hours trading on Wednesday, after the company reported its financial results for the 2016 first quarter.

After the market close, the China-based online media company reported an adjusted loss of 4 cents per share, compared to analysts' expectations for a loss of 5 cents per share.

Revenue increased by 8% year-over-year to $196.1 million for the most recent period, beating analysts' estimates for $189.47 million.

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