Weibo Stock Price, News & Analysis

Weibo Corporation (NASDAQ: WB) announced its unaudited financial results for Q4 and FY 2022, highlighting significant challenges due to COVID-19 impacts on advertising demand. Q4 net revenues decreased by 27% year-over-year to $448 million, with advertising revenues down 29% to $390.5 million. For the fiscal year, total revenues fell 19% to $1.84 billion. However, operating efficiency improved, with a non-GAAP operating margin of 34%. Monthly active users reached 586 million, increasing by 13 million year-over-year. The company aims to leverage the advertising business recovery post-China's reopening in 2023.

RESAAS Services Inc. has announced a partnership with eMediaLinks and Sina Weibo North America to enhance marketing opportunities for real estate agents. This collaboration allows RESAAS agents to promote listings on Weibo, which boasts 582 million monthly active users, targeting Asian buyers as demand resumes post-pandemic.

The one-year agreement, effective February 27, 2023, includes revenue sharing from advertising and subscription fees. RESAAS's CEO, Tom Rossiter, noted a significant increase in transactions and referrals from Asia, emphasizing the partnership's potential value.

Weibo Corporation (NASDAQ: WB) will announce its unaudited financial results for Q4 and fiscal year 2022 before U.S. market opens on March 1, 2023. A conference call will follow from 6 AM to 7 AM ET to discuss financial performance and operations. Participants must register to join the call. Weibo is a leading social media platform in China, generating most of its revenue from advertising and marketing services. The company emphasizes a mobile-first strategy and innovative audience targeting through its social interest graph recommendation engine. Forward-looking statements address potential risks, including competition and regulatory challenges.

Weibo Corporation (NASDAQ: WB) reported its Q3 2022 financial results, showing a 25% year-over-year revenue decline to $453.6 million, with advertising revenues down 27%. The company faced challenges from macroeconomic headwinds and COVID-19 impacts. Despite a net loss of $17.1 million, Weibo added 11 million monthly active users to reach 584 million. Operating efficiency improved with a 27% operating margin. The firm repurchased $57.7 million of shares as part of a $500 million plan. The conference call is scheduled for November 17, 2022.

Weibo Corporation (NASDAQ: WB) will release its unaudited financial results for Q3 2022 before the U.S. market opens on November 17, 2022. Following this, a conference call will be held from 6 AM to 7 AM Eastern Time to discuss the company's financial performance and business operations. The press release emphasizes Weibo's role as a leading social media platform, highlighting its focus on advertising and marketing solutions. Investors are encouraged to register for the teleconference via a provided link.

Weibo Corporation (NASDAQ: WB) reported its Q2 2022 financial results, showing net revenues of $450.2 million, a 22% decline year-over-year. Advertising revenues decreased to $385.6 million, down 23% from Q2 2021, primarily due to COVID-19 impacts. Despite these challenges, Weibo achieved a non-GAAP operating margin of 32%, reflecting operational efficiency amid a tough market. Monthly active users reached 582 million, with mobile users making up 95%. The company remains optimistic about long-term monetization opportunities despite current adversities.

Weibo Corporation (NASDAQ: WB) will announce its unaudited financial results for Q2 2022 on September 1, 2022, before U.S. markets open. The management team will host a conference call from 7 AM to 8 AM ET on the same day to discuss the financial performance and business operations. Participants interested in the teleconference must register via the provided link. This call will be webcast live and the replay will be available for 12 months on the company's corporate website.

Weibo Corporation (NASDAQ: WB) held its 2022 annual general meeting on June 6, 2022, where shareholders approved the re-election of three directors: Charles Guowei Chao, Pochin Christopher Lu, and Gaofei Wang. This decision reflects the company's commitment to maintaining experienced leadership. Weibo continues to be a major player in China's social media landscape, focusing on user-generated content and effective advertising solutions to enhance brand engagement.

Weibo Corporation (NASDAQ: WB) reported its Q1 2022 financial results, revealing a 6% year-over-year increase in net revenues to $484.6 million. Advertising revenues rose 10% to $427.1 million, despite COVID-19 disruptions. Monthly active users reached 582 million, up by 51 million year-over-year. However, the company faced a net loss of $67.5 million, translating to a diluted loss per share of $0.29. Costs increased by 9% to $381.8 million, primarily due to higher personnel and content costs.