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Stock版 - renn Ah 3.80,wow。
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RENN ER出来了BIDU ER - UP UP UP
啥情况啊,都没反应,到头就我一个人赌了renn ER?奇虎牛呀!
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m******u
发帖数: 12400
1
just moments ago, 4.05. holly bear。
H***F
发帖数: 2501
2
3.75 亏费啊

just moments ago, 4.05. holly bear。

【在 m******u 的大作中提到】
: just moments ago, 4.05. holly bear。
E*********r
发帖数: 4984
3
看来买Renn的都赚翻了...说错了,买Renn Put 的都赚翻了。
c********n
发帖数: 1793
4
RENN MM太变态了
c********n
发帖数: 1793
5
不过季报过后一段时间,有机会回来的
m******u
发帖数: 12400
6
ER 不错啊。
BEIJING, Aug. 14, 2013/PRNewswire/ -- Renren Inc. (NYSE: RENN) ("Renren" or
the "Company"), a leading real-name social networking internet platform in
China, today announced its unaudited financial results for the second
quarter ended June 30, 2013.
Second Quarter 2013 Highlights
Total net revenues were US$49.6 million, a 10.7% increase from the
corresponding period in 2012. Renren net revenues were US$43.4 million, a 5.
5% increase from the corresponding period in 2012. Nuomi net revenues were
US$6.2 million, a 69.4% increase from the corresponding period in 2012.
Gross profit was US$31.7 million, a 13.7% increase from the
corresponding period in 2012.
Operating loss was US$34.7 million, compared to an operating loss of US$
22.2 millionin the corresponding period in 2012.
Net loss attributable to the Company was US$9.3 million, compared to a
net loss of US$24.9 millionin the corresponding period in 2012.
Adjusted net loss (non-GAAP)(1) was US$3.8 million, compared to an
adjusted net loss of US$21.8 millionin the corresponding period in 2012.
(1)

Adjusted net income (loss) is a non-GAAP measure, which is defined as income
(loss) from continuing operations excluding share-based compensation
expenses, amortization of intangible assets and impairment of intangible
assets.
"Revenue growth slowed down primarily due to delays in our game pipeline.
Although we face short-term monetization challenges, we are on track in
executing our strategic priorities for the year aimed at securing our
position in the highly competitive mobile internet sector in China. In
particular, our recent frequent upgrades in Renren mobile app continue to
strengthen user engagement. This is a pivotal time to make strong advances
in the opportunities we are seeing, as we remain committed to the long-term
investments placed on our mobile initiatives," commented Joseph Chen,
Chairman and Chief Executive Officer.
Second Quarter 2013 Results
Total net revenues for the second quarter of 2013 were US$49.6 million,
representing a 10.7% increase from the corresponding period in 2012.
Renren net revenues were US$43.4 million, representing a 5.5% increase from
the corresponding period of 2012. Within Renren net revenues, online game
revenues were US$22.8 millionfor the second quarter of 2013, a 1.4% increase
from the corresponding period of 2012. Other IVAS revenues were US$5.2
millionfor the second quarter of 2013, a 43.5% increase from the
corresponding period of 2012. The increase was largely due to increased
revenue from Woxiu, our virtual talent show service on 56.com. Online
advertising revenues were US$15.4 millionfor the second quarter of 2013,
representing an increase of 2.4% from the corresponding period of 2012. The
number of activated users on Renren.com continued to increase from
approximately 162 million as of June 30, 2012 to approximately 194 million
as of June 30, 2013. Monthly unique log-in users increased from
approximately 45 million in June 2012 to approximately 54 million in June
2013.
Nuomi net revenues were US$6.2 million, representing a 69.4% increase from
the corresponding period of 2012. Nuomi had 3.8 million active paying users
for the second quarter of 2013 compared to 2.6 million for the corresponding
period of 2012, a 44.2% increase.
Cost of revenues was US$17.9 million, a 5.8% increase from the corresponding
period of 2012. The increase in cost of revenues for the second quarter was
largely due to increased revenue sharing costs for Woxiu.
Operating expenses were US$66.4 million, a 32.6% increase from the
corresponding period of 2012.
Selling and marketing expenses were US$30.2 million, a 40.0% increase from
the corresponding period of 2012. The increase was primarily due to the
increased advertising and promotions for our launched games plus headcount
and personnel related expense increases for Nuomi.
Research and development expenses were US$22.2 million, a 24.6% increase
from the corresponding period in 2012. The increase was primarily due to
headcount and personnel related expense increases for games development and
mobile-related investments.
General and administrative expenses were US$14.0 million, a 31.0% increase
from the corresponding period in 2012. The increase was primarily due to the
increase in share-based compensation charges.
Share-based compensation expense, which were mostly included in the
operating expenses, were US$5.2 million, compared to US$2.5 millionin the
corresponding period in 2012.
Operating loss was US$34.7 million, compared to an operating loss of US$22.2
millionin the corresponding period in 2012.
Net loss attributable to Renren Inc. was US$9.3 million, compared to a net
loss of US$24.9 millionin the corresponding period in 2012.
Adjusted net loss (non-GAAP) was US$3.8 million, compared to an adjusted net
loss of US$21.8 millionin the corresponding period in 2012. Adjusted net
income (loss) is defined as income (loss) from continuing operations
excluding share-based compensation expenses, amortization of intangible
assets and impairment of intangible assets.
Share Repurchase Program
The company has now completed the US$150 millionrepurchase program that was
announced on September 29, 2011. On June 28, 2013, the board of directors
authorized a new share repurchase program to repurchase up to US$100
millionof its ADSs within one year from June 28, 2013. During the second
quarter of 2013, Renren repurchased approximately 8.9 million ADSs.
Business Outlook
The Company expects to generate revenues in an amount ranging from US$47
million to US$49 millionin the third quarter of 2013, representing 3% to 7%
year-over-year decline. This forecast reflects Renren's current and
preliminary view, which is subject to change.
Conference Call Information
Management will host an earnings conference call at 9:00 p.m. Eastern Timeon
Wednesday, August 14, 2013(Beijing/ Hong Kong Time: 9:00 a.m., Thursday,
August 15, 2013).
Interested parties may participate in the conference call by dialing the
numbers below and entering passcode 10-15 minutes prior to the initiation of
the call.
Dial-in Information:
US:

+1 845-675-0437
Hong Kong:

+852-2475-0994
China:

+86 800-819-0121
International:

+65-6723-9381
Passcode:

Renren
A replay of the call will be available for one week and dial-in information
is as follows:
International:

+61 2-8199-0299
Passcode:

21397253
This call will be webcast live and the replay will be available on Renren's
corporate web site at http://ir.renren-inc.com for 12 months.
About Renren Inc.
Renren Inc. (NYSE: RENN) operates a leading real name social networking
Internet platform in China. It enables users to connect and communicate with
each other, share information and user generated content, play online games
, shop for deals, watch videos and enjoy a wide range of other features and
services. Renren's businesses primarily include the main social networking
website Renren.com, the game development and operating platform Renren Games
, the social commerce website Nuomi.com, and the user-generated content
focused video sharing website 56.com. Renren.com had approximately 194
million activated users as of June 30, 2013. Renren's American depositary
shares, each of which represents three Class A ordinary shares, trade on
NYSE under the symbol "RENN".
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are
made under the "safe harbor" provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can be
identified by terminology such as "will," "expects," "anticipates," "future,
" "intends," "plans," "believes," "estimates" and similar statements. Among
other things, the business outlook for the third quarter of 2013 and
quotations from management in this announcement, as well as Renren's
strategic and operational plans, contain forward-looking statements. Renren
may also make written or oral forward-looking statements in its filings with
the U.S. Securities and Exchange Commission ("SEC"), in its annual report
to shareholders, in press releases and other written materials and in oral
statements made by its officers, directors or employees to third parties.
Statements that are not historical facts, including statements about Renren'
s beliefs and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties. A number of factors
could cause actual results to differ materially from those contained in any
forward-looking statement, including but not limited to the following: our
goals and strategies; our future business development, financial condition
and results of operations; the expected growth of the social networking site
market in China; our expectations regarding demand for and market
acceptance of our services; our expectations regarding the retention and
strengthening of our relationships with key advertisers and customers; our
plans to enhance user experience, infrastructure and service offerings;
competition in our industry in China; and relevant government policies and
regulations relating to our industry. Further information regarding these
and other risks is included in our annual report on Form 20-F and other
documents filed with the SEC. All information provided in this press release
and in the attachments is as of the date of this press release, and Renren
does not undertake any obligation to update any forward-looking statement,
except as required under applicable law.
About Non-GAAP Financial Measures
To supplement Renren's consolidated financial results presented in
accordance with United States Generally Accepted Accounting Principles ("
GAAP"), Renren uses "adjusted net income (loss)" which is defined as "a non-
GAAP financial measure" by the SEC, in evaluating its business. We define
adjusted net income (loss) as income (loss) from continuing operations
excluding share-based compensation expenses, amortization of intangible
assets and impairment of intangible assets. We present adjusted net income (
loss) because it is used by our management to evaluate our operating
performance. We also believe that this non-GAAP financial measure provide
useful information to investors and others in understanding and evaluating
our consolidated results of operations in the same manner as our management
and in comparing financial results across accounting periods and to those of
our peer companies.
The presentation of this non-GAAP financial measure is not intended to be
considered in isolation from, or as a substitute for, the financial
information prepared and presented in accordance with GAAP. For more
information on these non-GAAP financial measures, please see the table
captioned "Reconciliation of non-GAAP results of operations measures to the
comparable GAAP financial measures" at the end of this release.
For more information, please contact:
Sam Lawn
Investor Relations Director
Renren Inc.
Tel: (86 10) 8448 1818 ext 1300
Email: [email protected]
RENREN INC.






CONSOLIDATED BALANCE SHEETS (UNAUDITED)

















(Amounts in US dollars, in thousands, except shares,


December 31,


June 30,
per shares, ADS, and per ADS data)

2012


2013






ASSETS












Current assets:






Cash and cash equivalents


$

207,438


$

155,156
Term deposits



550,000



465,153
Short-term investments



147,045



216,152
Trade and notes receivable, net



18,402



19,666
Prepaid expenses and other current assets



29,591



55,450
Amounts due from related parties



258



360






Total current assets



952,734



911,937






Non-current assets:






Equipment and property, net



32,355



62,837
Intangible assets, net



26,820



26,904
Goodwill



59,673



60,569
Long-term investments



107,597



153,387
Other non-current assets



22,634



7,279






Total non-current assets



249,079



310,976






TOTAL ASSETS


$

1,201,813


$

1,222,913






LIABIILITIES AND EQUITY












Current liabilities:






Accounts payable


$

36,743


$

42,391
Accrued expenses and other payables



41,608



50,561
Amounts due to a related party



77



78
Deferred revenue and advance from customers



10,668



8,828
Income tax payable



1,023



799
Total current liabilities



90,119



102,657






Non-current liabilities:






Deferred tax liabilities-noncurrent



6,564



6,521






Total non-current liabilities



6,564



6,521






TOTAL LIABILITES



96,683



109,178






Commitments












Shareholders' Equity:






Class A ordinary shares



730



710
Class B ordinary shares



403



405
Additional paid-in capital



1,319,044



1,300,754
Subscription receivable



(229)



-
Statutory reserves



6,712



6,712
Accumulated deficit



(261,459)



(273,922)
Accumulated other comprehensive income



39,714



78,936






Total shareholders' equity



1,104,915



1,113,595






Noncontrolling Interests



215



140






TOTAL EQUITY



1,105,130



1,113,735






TOAL LIABIILITIES AND EQUITY


$

1,201,813


$

1,222,913
RENREN INC.









CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)















(Amounts in US dollars, in thousands, except shares,


June 30,


March 31,


June 30,
per shares, ADS, and per ADS data)

2012


2013


2013









Net revenues









Renren



$

41,181


$

41,454


$

43,446
Nuomi



3,643



5,137



6,172
Total net revenues



44,824



46,591



49,618









Cost of revenues



(16,899)



(16,586)



(17,877)









Gross profit



27,925



30,005



31,741









Operating expenses:









Selling and marketing



(21,578)



(22,145)



(30,215)
Research and development



(17,826)



(23,988)



(22,203)
General and administrative



(10,726)



(11,317)



(14,048)









Total operating expenses



(50,130)



(57,450)



(66,466)









Loss from operations



(22,205)



(27,445)



(34,725)









Other income



13



257



7
Exchange gain (loss) on offshore bank accounts



(3,114)



(6)



358
Interest income



5,101



3,740



3,070
Realized gain on available-for-sale investments



2,460



15,073



144









Loss before provision of income tax, earnings (loss) in
equity method investments and noncontrolling interests,
net of income taxes



(17,745)



(8,381)



(31,146)
Income tax benefit (expenses)



(177)



84



311









Loss before earnings (loss) in equity method
investments and noncontrolling interests, net of income taxes



(17,922)



(8,297)



(30,835)
Earnings (loss) in equity method investments, net of income taxes



(7,017)



5,143



21,451









Net loss



(24,939)



(3,154)



(9,384)
Add: Net loss attributable to noncontrolling interests, net of
income taxes



-



17



58









Net loss attributable to Renren Inc.


$

(24,939)


$

(3,137)


$

(9,326)









Net loss per share, basic


$

(0.02)


$

(0.00)


$

(0.01)
Net loss per ADS, basic


$

(0.06)


$

(0.01)


$

(0.03)
Net loss per share, diluted


$

(0.02)


$

(0.00)


$

(0.01)
Net loss per ADS, diluted


$

(0.06)


$

(0.01)


$

(0.03)
Shares used in computation, basic



1,167,959,726



1,132,823,805



1,126,080,546
ADS used in computation, basic



389,319,909



377,607,935



375,360,182
Shares used in computation, diluted



1,167,959,726



1,132,823,805



1,126,080,546
ADS used in computation, diluted



389,319,909



377,607,935



375,360,182













































Reconciliation of Non-GAAP results of operations measures to the comparable
GAAP financial measures


SOURCE Renren Inc.
u**********n
发帖数: 8905
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也许会到3.40
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人人今天ER没人理了?renn ER砸回事
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aaoi可涨可降Baidu ER out
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啥情况啊,都没反应,到头就我一个人赌了renn ER?奇虎牛呀!
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相关话题的讨论汇总
话题: us话题: renren话题: net话题: loss