Weibo (WB) Reports In-Line Q1 EPS; Issues Light Q2 Revenue Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Weibo Reports First Quarter 2015 Results
May 14, 2015 4:30 PM EDTBEIJING, May 14, 2015 (GLOBE NEWSWIRE) -- Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB), a leading social media in China, today announced its unaudited financial results for the quarter ended March 31, 2015.
First Quarter 2015 Highlights
Net revenues increased 43% year over year to $96.3 million, exceeding the Company's guidance between $93 million and $96 million. Advertising and marketing revenues increased 53% year over year to $79.2 million. Weibo Value Added Services ("Weibo VAS") revenues increased 9% year over year to $17.1 million. Net loss attributable to Weibo's ordinary shareholders decreased 94% year over year to $2.9 million,... More