Weibo Reports Second Quarter 2016 Financial Results

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Weibo (WB) Tops Q2 EPS by 5c; Guides Q3 Revenue Above the Street

August 8, 2016 4:45 PM EDT

Weibo (NASDAQ: WB) reported Q2 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $146.9 million versus the consensus estimate of $141.15 million.

GUIDANCE:

Weibo sees Q3 2016 revenue of $168-173 million, versus the consensus of $165.29... More