Weibo Reports Third Quarter 2018 Unaudited Financial Results

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Go back to Weibo Reports Third Quarter 2018 Unaudited Financial Results

Weibo (WB) Tops Q3 EPS by 5c, Revenues Beat; Offers Q4 Revenue Guidance Below Consensus

November 28, 2018 5:45 AM EST

Weibo (NASDAQ: WB) reported Q3 EPS of $0.75, $0.05 better than the analyst estimate of $0.70. Revenue for the quarter came in at $460.2 million versus the consensus estimate of $456.42 million.

"Weibo has once again achieved strong user growth and user engagement this quarter. We are delighted to see our adverting and marketing revenues continue to deliver healthy growth." said Gaofei Wang, CEO of Weibo. "We continue... More