Weibo (WB) Misses Q1 EPS by 1c, Revenues Beat

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Weibo Reports First Quarter 2020 Unaudited Financial Results

May 19, 2020 6:00 AM EDT

BEIJING, May 19, 2020 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.

"We are satisfied with our first quarter result amid the coronavirus pandemic," said Gaofei Wang, CEO of Weibo. "In this challenging period, Weibo has further demonstrated its indispensable value as a leading social media platform to keep the public informed, connected and engaged. In March, we delivered our strongest user growth in terms of net additions of... More