Weibo (WB) Tops Q1 EPS by 3c, Q2 Revenue Guidance Tops Views
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May 12, 2016 9:20 AM EDT
Piper 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
May 11, 2016 4:32 PM EDT
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... More
May 11, 2016 3:08 PM EDT
Tigress Financial Partners downgraded Weibo Corp (NASDAQ: WB) from Buy to Neutral. Analysts noted recent outperformance.
For an analyst ratings summary and ratings history on Weibo Corp click here. For more ratings news on Weibo Corp click here.
Shares of Weibo Corp closed at $23.18 yesterday.
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