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Weibo Corp (WB.OQ)

WB.OQ on NASDAQ Stock Exchange Global Select Market

43.66USD
24 May 2019
Change (% chg)

$-1.73 (-3.81%)
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Volume
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Latest Key Developments (Source: Significant Developments)

Weibo Corp posts Q1 Non-GAAP Earnings Per Share $0.56
Thursday, 23 May 2019 

May 23 (Reuters) - Weibo Corp ::WEIBO REPORTS FIRST QUARTER 2019 UNAUDITED FINANCIAL RESULTS.Q1 NON-GAAP EARNINGS PER SHARE $0.56.Q1 EARNINGS PER SHARE $0.66.Q1 REVENUE $399.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $399.2 MILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.53 -- REFINITIV IBES DATA.SEES Q2 2019 REVENUE $427 MILLION TO $437 MILLION.MONTHLY ACTIVE USERS ("MAUS") WERE 465 MILLION IN MARCH 2019, A NET ADDITION OF APPROXIMATELY 54 MILLION USERS ON YEAR OVER YEAR BASIS.IN QUARTER MOBILE MAUS REPRESENTED APPROXIMATELY 94% OF MAUS..AVERAGE DAILY ACTIVE USERS ("DAUS") WERE 203 MILLION IN MARCH 2019, A NET ADDITION OF APPROXIMATELY 19 MILLION USERS ON YEAR OVER YEAR BASIS..  Full Article

Weibo Reports Q4 Earnings Per Share $0.58
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Weibo Corp ::WEIBO REPORTS FOURTH QUARTER AND FISCAL YEAR 2017 UNAUDITED FINANCIAL RESULTS.Q4 NON-GAAP EARNINGS PER SHARE $0.64.Q4 EARNINGS PER SHARE $0.58.Q4 REVENUE ROSE 77 PERCENT TO $377.4 MILLION.SEES Q1 2018 REVENUE $335 MILLION TO $345 MILLION.QTRLY ‍ADVERTISING AND MARKETING REVENUES WERE $332.3 MILLION, AN INCREASE OF 77% YEAR-OVER-YEAR​.MAUS HAD NET ADDITION OF ABOUT 79 MILLION USERS YEAR OVER YEAR AND REACHED 392 MILLION IN DECEMBER 2017. MOBILE MAUS REPRESENTED 93% OF MAUS​.‍AS OF DEC 31, 2017, CO'S CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS TOTALED $1.79 BILLION, COMPARED TO $396.0 MILLION AS OF DEC 31, 2016​.AVERAGE DAILY ACTIVE USERS HAD A NET ADDITION OF ABOUT 33 MILLION USERS YEAR OVER YEAR AND REACHED 172 MILLION IN DECEMBER 2017‍​.  Full Article

Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Tiger Global Management::Takes share stake of 7.7 million shares in Redfin Corp - SEC filing.Takes share stake of 910,000 sponsored ADRS in Weibo Corp.Takes share stake of 1.2 million shares in Autodesk.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Weibo reports third quarter non-gaap earnings per share $0.51
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Weibo Corp :Reports third quarter 2017 financial results.Q3 non-gaap earnings per share $0.51.Q3 earnings per share $0.45.Q3 revenue $320 million versus i/b/e/s view $296.1 million.Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Sees q4 2017 revenue $355 million to $365 million.Qtrly ‍advertising and marketing revenues were $276.8 million, an increase of 77% year-over-year​.‍average daily active users had a net addition of approximately 33 million users year over year and reached 165 million in september 2017​.Q4 revenue view $340.5 million -- Thomson Reuters I/B/E/S.  Full Article

Weibo Corp prices offering of $800 mln convertible senior notes
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Weibo Corp :Weibo corporation prices offering of $800 million convertible senior notes.Says ‍pricing of $800 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo Corp announces proposed offering of US$700 million convertible senior notes
Tuesday, 24 Oct 2017 

Oct 25 (Reuters) - Weibo Corp :Weibo Corp announces proposed offering of US$700 million convertible senior notes.Weibo Corp - ‍proposes to offer up to US$700 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo reports Q3 revenue $320 mln
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Weibo Corp ::Weibo announces selected results for the quarter ended September 30, 2017.Qtrly non-GAAP net income attributable to Weibo was $115.2 million versus $54.6 million ‍​‍​.Q3 revenue $320 million versus I/B/E/S view $296.1 million.Qtrly ‍advertising and marketing revenues from Alibaba were $25.3 million​.Qtrly ‍net income attributable to weibo was $101.1 million​.  Full Article

China pushes for state stake in big Chinese tech firms- WSJ‍​‍​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - :Chinese government pushing some of China's big tech firms to give the state a stake in them and direct role in corporate decisions- WSJ‍​‍​.Chinese internet regulators discussed taking 1 percent stakes with Tencent Holdings, Weibo Corp and Alibaba's Youku Tudou - WSJ‍​‍​, citing sources.  Full Article

Weibo announces management change
Friday, 15 Sep 2017 

Sept 15 (Reuters) - Weibo Corp :Weibo announces management change.Says CFO Herman Yu resigned.Weibo Corp says ‍Yu's duties will be assumed on an interim basis by Fei Cao, vice president, finance of company, until a successor is appointed​.  Full Article

Weibo Q2 earnings per share $0.33
Wednesday, 9 Aug 2017 

Aug 9 (Reuters) - Weibo Corp ::Weibo reports second quarter 2017 financial results.Q2 non-gaap earnings per share $0.38.Q2 earnings per share $0.33.Q2 revenue $253.4 million versus I/B/E/S view $246.7 million.Q2 earnings per share view $0.36 -- Thomson Reuters I/B/E/S.Sees Q3 2017 revenue $290 million to $300 million.Monthly active users in June 2017 was 361 million, an increase of 28 pct year-over-year​.Average daily active users in June 2017 was 159 million, an increase of 26 pct year-over-year​.Q3 revenue view $276.1 million -- Thomson Reuters I/B/E/S.‍92 percent of monthly active users in June 2017 were mobile users​.  Full Article

China's Sina to temporarily suspend some apps due to violations: regulator

SHANGHAI, April 17 Chinese internet firm Sina Corp will temporarily suspend its news app, blog platform and other products after it was found to have violated the country's internet regulations, Chinese authorities said on Wednesday.