Weibo (WB) Tops Q4 EPS by 5c, Revenues Miss; 'Anticipates Q1 Revenues to Decrease 15%-20%' Due to Coronavirus

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Go back to Weibo (WB) Tops Q4 EPS by 5c, Revenues Miss; 'Anticipates Q1 Revenues to Decrease 15%-20%' Due to Coronavirus

Weibo Reports Fourth Quarter and Fiscal Year 2019 Unaudited Financial Results

February 26, 2020 5:00 AM EST

BEIJING, Feb. 26, 2020 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2019.

"We ended the year 2019 well as our community and business continue to grow," said Gaofei Wang, CEO of Weibo. "Our user base and engagement grew robustly as we remained focused on improving user product and optimizing content consumption experience. On monetization, we are pleased with the solid growth from key accounts sector in 2019, underpinned by robust... More