Weibo Stock Price, News & Analysis

Weibo Corporation (NASDAQ: WB) reported solid third-quarter results for 2021, with net revenues of $607.4 million, a 30% year-over-year increase. Advertising and marketing revenues rose 29% to $537.6 million, while value-added service revenues increased 42% to $69.8 million. Income from operations reached $213.0 million with a 35% operating margin. Net income attributable to Weibo was $181.7 million, equating to $0.78 diluted EPS. Cash and equivalents totaled $2.71 billion at quarter-end. Forward guidance estimates a 15%-20% revenue increase for Q4 2021.

Weibo Corporation (Nasdaq: WB), China’s leading social media platform, will hold its annual general meeting (AGM) on December 1, 2021. The AGM will consider proposed resolutions, along with class meetings for Class A and Class B shareholders. Eligible shareholders, as of November 3, 2021, can vote. The company’s annual report for the fiscal year ending December 31, 2020, is available on its website and the SEC. Weibo mainly generates revenue from advertising services, leveraging a mobile-first approach to enhance engagement with users.

Weibo Corporation (NASDAQ: WB) will announce its unaudited financial results for Q3 2021 before market opens on November 11, 2021. A conference call will follow from 6 AM to 7 AM Eastern Time to discuss the financial performance. Interested parties must pre-register for the call via the provided link. A replay of the call will be available from November 11 to November 19, 2021. Weibo emphasizes its role as a leading social media platform for content creation and brand promotion, primarily generating revenue through advertising and marketing services.

Weibo Corporation (NASDAQ: WB) reported strong Q2 2021 results with net revenues of $574.5 million, representing a 48% year-over-year increase. Advertising revenues were $502.3 million, up 47%, while value-added services (VAS) revenues surged 54% to $72.1 million. The operating income rose 82% to $193.2 million, with a 34% operating margin. However, net income dropped to $81.0 million, down from $198.4 million year-over-year. Management estimates Q3 2021 revenues to grow by 20% to 25% year-over-year on a constant currency basis.

Weibo Corporation (NASDAQ: WB) will announce its second quarter 2021 financial results on August 18, 2021. A conference call will follow from 7 AM to 8 AM ET to discuss the company's performance and operations. Registration is required to participate. Weibo continues to establish itself as a major social media platform, focusing on advertising and marketing solutions. The company faces various risks, including user engagement fluctuations and regulatory challenges in China.

On July 6, 2021, Weibo Corporation (NASDAQ: WB) responded to a Reuters article claiming its chairman, Charles Chao, was in talks for the company's privatization. Chao refuted these claims, stating he has had no discussions about taking Weibo private. Weibo, a prominent social media platform in China, focuses on content creation, sharing, and user engagement, generating most of its revenue through advertising and marketing services. The company emphasized its commitment to growth, despite potential risks in the Chinese regulatory landscape and competition.

Weibo Corporation (NASDAQ: WB) reported unaudited financial results for Q1 2021, showcasing a 42% year-over-year increase in net revenues to $458.9 million. Advertising and marketing revenues also rose by 42% to $390.0 million, with VAS revenues up 44% to $68.9 million. Operating income was $108.6 million, reflecting a 24% operating margin. Despite strong revenue growth, net income declined to $49.8 million from $52.1 million year-over-year. Weibo projects Q2 2021 revenues to grow by 25% to 30% year-over-year.

Weibo Corporation (NASDAQ: WB) will announce its Q1 2021 financial results before market opens on May 10, 2021. A conference call will follow from 7 AM to 8 AM ET on the same day, providing insights into the company's financial performance and operations. Interested participants must register in advance to receive call details. The announcement highlights Weibo's ongoing focus on advertising and marketing solutions, which drive a substantial portion of its revenues.

Weibo Corporation (WB), China's leading social media platform, filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the U.S. Securities and Exchange Commission on April 22, 2021. The report includes audited consolidated financial statements and is available on Weibo's investor relations website. Shareholders and ADS holders can request a hard copy of the report at no charge.