SINA Corporation announced that for fourth quarter of 2011, it expects non-GAAP net revenues to be between $128 million and $131 million, with advertising revenues to be between $103 million and $105 million and non-GAAP non-advertising revenues to be between $25 million and $26 million. Non-GAAP net revenues and non-GAAP non-advertising revenues exclude the recognition of $4.7 million in deferred license revenue related to SINA's equity investment in CRIC. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $128 million for fourth quarter of 2011.