Renren Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported total net revenue of $110,363,000 against $133,954,000 a year ago. Loss from operations was $11,066,000 against $23,709,000 a year ago. Net loss was $28,055,000 against $41,570,000 reported last year. Basic net loss per share from continuing operations attributable to shareholders of the company was $0.03 against $0.04 reported last year. Basic loss per share attributable to the company per ADS was $0.40 against $0.60 a year ago. Basic loss per share attributable to the company was $0.03 against $0.04 a year ago.

The Company expects to generate revenues in an amount ranging from $98 million to $103 million in the second quarter of 2019.