Sina Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the third quarter, the company reported net revenues were $96.3 million against $105.4 million last year. Income from operations was $18.2 million against $20.0 million last year. Income before income taxes was $20.1 million against $23.3 million last year. Net income attributable to the company was $16.7 million or $0.29 per diluted share against $18.8 million or $0.31 per diluted share last year. Non-GAAP income from operations was $21.7 million against $24.2 million last year. Non-GAAP net income attributable to the company was $20.0 million or $0.34 per diluted share against $23.7 million or $0.39 per diluted share last year. Total revenues for the third quarter of 2009 exceeded guidance, as the company saw double-digit sequential growth in online advertising business in China, on top of a 35% sequential growth last quarter. Cash flow from operating activities for the third quarter of 2009 was $29.1 million, compared to $24.0 million for the same period last year. For the nine months, the company reported net revenues were $260.3 million against $268.0 million last year. Income from operations was $40.6 million against $53.1 million last year. Income before income taxes was $47.5 million against $67.9 million last year. Net income attributable to the company was $39.7 million or $0.68 per diluted share against $55.4 million or $0.92 per diluted share last year. Non-GAAP income from operations was $51.6 million against $64.9 million last year. Non-GAAP net income attributable to the company was $50.6 million or $0.87 per diluted share against $64.8 million or $1.07 per diluted share last year. Adjusting the advertising revenue forecast for the fourth quarter of 2009 to reflect the carve out of advertising revenues from the SINA real estate business and assumptions made using the terms under the amended and restated advertising agency agreement, the company estimates its total revenues for the fourth quarter of 2009 to be between $93 million and $96 million, with advertising revenues to be between $61 million and $63 million and non-advertising revenues to be between $32 million and $33 million. Under the adjusted basis, advertising revenues for the first quarter, second quarter and third quarter of 2009 would have been $37.0 million, $48.1 million and $53.9 million, respectively. If the advertising revenues from the SINA real estate business had not been carved out, the forecasted advertising revenues for the fourth quarter of 2009 would have been between $74 million and $76 million, and the forecasted total revenues for the fourth quarter of 2009 would have been between $106 million and $109 million.

Sina Corp. expected to Report Fiscal Year 2009 Results on March 16, 2010. This event was calculated by Capital IQ (Created on November 16, 2009).

On December 7, 2009, Sina Corp. will hold its Annual General Meeting of shareholders. At the meeting, special resolutions will be proposed as the amendment of the company's current amended and restated articles of association by adopting Articles 1 (adding and amending certain definitions relating to electronic transmission of director and shareholder communications and actions), 90, 91, 104, 122, 131, 161, 165 and 167 set forth in the Second Amended Articles; the amendment of the current articles by adopting articles 1, 5, 69, 72, 74, 76, 117, 118, 128 and 163 set forth in the second amended articles; the deletion of Article 98 of the current articles and the amendment of the current articles by adopting Articles 105, 106, 108, 111, 112, 113, 114, 121, 122 and 131 set forth in the Second Amended Articles; the amendment of the current articles by adopting Article 71 set forth in the Second Amended Articles; and the restatement of the Amended and Restated Articles of Associations of the company to reflect the amendments (if any) approved pursuant to the special resolutions above.