Weibo (WB) Tops Q3 EPS by 5c, Revenues Beat; Offers Q4 Revenue Guidance Below Consensus
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Weibo Reports Third Quarter 2018 Unaudited Financial Results
November 28, 2018 5:00 AM ESTBEIJING, Nov. 28, 2018 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the third quarter ended September 30, 2018.
"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 to focus on optimizing user product experience and strengthening content distribution to feature Weibo's unique advantages in content creation, consumption and user social interaction.... More
