Weibo (WB) Tops Q3 EPS by 6c
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Weibo (NASDAQ: WB) reported Q3 EPS of $0.51, $0.06 better than the analyst estimate of $0.45. Revenue for the quarter came in at $320 thousand, versus $0 reported last year.
Monthly active users ("MAUs") had a net addition of approximately 79 million users year over year and reached 376 million in September 2017. Mobile MAUs represented 92% of MAUs.
Average daily active users ("DAUs") had a net addition of approximately 33 million users year over year and reached 165 million in September 2017.
GUIDANCE:
Weibo sees Q4 2017 revenue of $355-365 million, versus the consensus of $340.5 million assumes average exchange rate of 6.70 RMB to US$1.00.
For earnings history and earnings-related data on Weibo (WB) click here.
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