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WB(WB) - 2024 Q3 - Earnings Call Transcript
2024-11-22 13:53
Weibo Corporation (NASDAQ:WB) Q3 2024 Earnings Conference Call November 19, 2024 6:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - Chief Executive Officer Fei Cao - Chief Financial Officer Conference Call Participants Felix Liu - UBS Timothy Zhao - Goldman Sachs Miranda Zhuang - Bank of America Securities Operator Good day, and thank you for standing by. Welcome to Weibo Reports Third Quarter 2024 Financial Results. At this time, all participants are in a listen-only mode. Afte ...
微博:3Q24 results beat on Olympic event; 4Q24 outlook remains under pressure
招银国际· 2024-11-20 02:33
20 Nov 2024 CMB International Global Markets | Equity Research | Company Update Weibo (WB US) 3Q24 results beat on Olympic event; 4Q24 outlook remains under pressure Weibo announced 3Q24 results on 19 Nov: net revenue was up by 5% YoY (+3% YoY on a constant currency basis) to US$465mn, 7% ahead of Bloomberg consensus estimates thanks to the stabilization of advertising revenue and better-than-expected growth of VAS revenue; non-GAAP net income grew by 2% YoY to US$139mn, beating consensus by 16% mainly due ...
微博:第 3 季度的结果在奥运会上表现出色 ; 第 4 季度的前景仍然面临压力
招银国际· 2024-11-20 02:23
20 Nov 2024 2,001.2 6.6 12.24/7.13 235.2 股权结构 来源 : FactSet Sina 阿里巴巴 来源 : 公司数据 37.3% 28.9% 份额业绩 绝对 相对 1-mth 3-mth 6-mth -6.4% -7.9% 1.9% -3.0% -11.9% -21.8% CMB 国际全球市场 | 股票研究 | 公司更新 微博 (WB US) 第 3 季度的结果在奥运会上表现出色 ; 第 4 季度的前景仍然面临压力 微博于11月19日公布了2024年第三季度(3Q24)财报:净收入同比增长5%( 按恒定货币计算,同比增长3%),达到4.65亿美元,比彭博社一致预期超出7 %,主要得益于广告收入的稳定和增值服务(VAS)收入的超预期增长;非GA AP净利润同比增长2%至1.39亿美元,超出预期16%,主要由于收入表现优异和 运营效率提升。展望未来,管理层对宏观经济政策刺激持谨慎乐观态度,但认 为政策效果将需要一段时间才能显现。对于2024年第四季度(4Q24E),我们 预计在恒定货币基础上广告收入将下降4%,主要原因是基数较高以及某些与消 费相关的垂直领域广告需求疲软。我 ...
Here's What Key Metrics Tell Us About Weibo (WB) Q3 Earnings
ZACKS· 2024-11-19 15:30
For the quarter ended September 2024, Weibo Corporation (WB) reported revenue of $464.48 million, up 5.1% over the same period last year. EPS came in at $0.53, compared to $0.57 in the year-ago quarter.The reported revenue represents a surprise of +6.68% over the Zacks Consensus Estimate of $435.42 million. With the consensus EPS estimate being $0.46, the EPS surprise was +15.22%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Insights Into Weibo (WB) Q3: Wall Street Projections for Key Metrics
ZACKS· 2024-11-14 15:15
Analysts on Wall Street project that Weibo Corporation (WB) will announce quarterly earnings of $0.46 per share in its forthcoming report, representing a decline of 19.3% year over year. Revenues are projected to reach $435.42 million, declining 1.5% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior ...
Weibo (WB) Moves 7.1% Higher: Will This Strength Last?
ZACKS· 2024-10-02 14:05
Weibo Corporation (WB) shares rallied 7.1% in the last trading session to close at $10.80. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 34.8% gain over the past four weeks.Weibo is benefiting from increased user engagement and partnerships that have enhanced its advertising revenue and content ecosystem.This company is expected to post quarterly earnings of $0.46 per share in its upcoming report, which rep ...
Weibo: At Half Of Book Value, This Stock Could Easily Double
Seeking Alpha· 2024-09-19 12:50
Weibo Corporation (NASDAQ: WB ) is one of the cheapest stocks I have seen, with its market cap having fallen 95% from its peak of above USD30bn in 2018 to around USD1.8bn today. Over this period the company's book value hasI am a full-time investor and owner of Icon Economics - a macro research company focussed on providing contrarian investment ideas across FX, Equities, and Fixed Income based on Austrian economic theory. Formerly Head of Financial Markets at Fitch Solutions, I have 15 years of experience ...
WB(WB) - 2024 Q2 - Earnings Call Transcript
2024-08-23 01:06
Weibo Corporation (NASDAQ:WB) Q2 2024 Earnings Conference Call August 22, 2024 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - Chief Executive Officer Fei Cao - Chief Financial Officer Conference Call Participants Alicia Yap - Citigroup Operator Good day, and thank you for standing by. Welcome to the Weibo Report Second Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a qu ...
Compared to Estimates, Weibo (WB) Q2 Earnings: A Look at Key Metrics
ZACKS· 2024-08-22 14:30
For the quarter ended June 2024, Weibo Corporation (WB) reported revenue of $437.87 million, down 0.5% over the same period last year. EPS came in at $0.48, compared to $0.53 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $435.11 million, representing a surprise of +0.64%. The company delivered an EPS surprise of +6.67%, with the consensus EPS estimate being $0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...
WB(WB) - 2024 Q2 - Quarterly Results
2024-08-22 14:00
Exhibit 99.1 Weibo Announces Second Quarter 2024 Unaudited Financial Results BEIJING, China – August 22, 2024 – Weibo Corporation ("Weibo" or the "Company") (Nasdaq: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. "Our user engagement and operating efficiency have further improved this quarter," said Gaofei Wang, CEO of Weibo. "On the user front, we emphasized on the acquisition and engagement of high quality us ...