Weibo (WB) Tops Q1 EPS by 3c
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Weibo (Nasdaq: WB) reported Q1 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $119.3 million versus the consensus estimate of $113.66 million.
Monthly active users ("MAUs") in March 2016 grew 32% year over year to 261 million, 85% of which were mobile users. Average daily active users ("DAUs") in March 2016 grew 35% year over year to 120 million.
For earnings history and earnings-related data on Weibo (WB) click here.
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