Weibo Reports Second Quarter 2017 Financial Results
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Weibo Corp (WB) PT Raised to $105 at Jefferies
August 10, 2017 8:10 AM EDTJefferies raised its price target on Weibo Corp (NASDAQ: WB) to $105.00 (from $82.00) while maintaining a Buy rating.
Analyst Karen Chan commented, "Weibo delivered another solid quarter with strong guidance despite a tough comp from last years Olympic events. Optimization of ad system should... More
Weibo (WB) Tops Q2 EPS by 2c; Guides Q3 Revs Above the Street
August 9, 2017 5:45 AM EDTWeibo (NASDAQ: WB) reported Q2 EPS of $0.38, $0.02 better than the analyst estimate of $0.36. Revenue for the quarter came in at $253.4 million versus the consensus estimate of $246.72 million.
"We continue to see great momentum in our business. Revenues from SMEs, key accounts and... More
