Weibo Reports First Quarter 2016 Financial Results
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Piper Jaffray Raises Price Target on Weibo (WB) Following 1Q Beat
May 12, 2016 9:20 AM EDTPiper Jaffray reiterated an Overweight rating on Weibo Corp (NASDAQ: WB), and raised the price target to $26.00 (from $22.00), following the company's 1Q earnings report. Weibo reported Q1 revenue of $119.3 million, 5% ahead of the Street's $113.9 million. Q1 PF EPS was $0.07 vs the Street's $0.02. Weibo guided... More
Weibo (WB) Tops Q1 EPS by 3c, Q2 Revenue Guidance Tops Views
May 11, 2016 4:33 PM EDTWeibo (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.
GUIDANCE:
Weibo sees Q2 2016 revenue of $138-143 million, versus the consensus of $135.55... More
Weibo (WB) Tops Q1 EPS by 3c
May 11, 2016 4:32 PM EDTWeibo (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... More
