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Weibo Corp (WB.OQ)

WB.OQ on NASDAQ Stock Exchange Global Select Market

64.56USD
14 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Weibo Reports Q3 Non-Gaap Earnings Per Share $0.75
Wednesday, 28 Nov 2018 05:00am EST 

Nov 28 (Reuters) - Weibo Corp ::WEIBO REPORTS THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q3 NON-GAAP EARNINGS PER SHARE $0.75.Q3 EARNINGS PER SHARE $0.73.Q3 REVENUE $460.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $456.4 MILLION.Q3 EARNINGS PER SHARE ESTIMATE $0.70 -- REFINITIV IBES DATA.SEES Q4 2018 REVENUE $480 MILLION TO $490 MILLION.WEIBO - AVERAGE DAILY ACTIVE USERS HAD A NET ADDITION OF APPROXIMATELY 30 MILLION USERS YEAR OVER YEAR FOR QUARTER AND REACHED 195 MILLION IN SEPT 2018.MAUS IN QUARTER HAD NET ADDITION OF ABOUT 70 MILLION USERS YOY AND REACHED 446 MILLION IN SEPTEMBER 2018.  Full Article

Weibo Q2 Earnings Per Share $0.62
Wednesday, 8 Aug 2018 05:39am EDT 

Aug 8 (Reuters) - Weibo Corp ::WEIBO REPORTS SECOND QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q2 NON-GAAP EARNINGS PER SHARE $0.68.Q2 EARNINGS PER SHARE $0.62.Q2 EARNINGS PER SHARE VIEW $0.66 -- THOMSON REUTERS I/B/E/S.SEES Q3 2018 REVENUE $465 MILLION TO $475 MILLION.Q2 REVENUE $426.6 MILLION VERSUS I/B/E/S VIEW $423.5 MILLION.WEIBO - Q2 MAUS HAD A NET ADDITION OF ABOUT 70 MILLION USERS YEAR OVER YEAR ; REACHED 431 MILLION IN JUNE.AVERAGE DAUS HAD A NET ADDITION OF ABOUT 31 MILLION USERS AND REACHED 190 MILLION IN JUNE 2018.Q3 REVENUE VIEW $471.1 MILLION -- THOMSON REUTERS I/B/E/S.QTRLY ADVERTISING AND MARKETING REVENUES TOTALED $369.9 MILLION, COMPARED TO $218.3 MILLION.  Full Article

Tiger Global Management takes share stake in Redfin, Weibo, Autodesk
Tuesday, 14 Nov 2017 02:54pm EST 

Nov 14 (Reuters) - Tiger Global Management::Takes share stake of 7.7 million shares in Redfin Corp - SEC filing.Takes share stake of 910,000 sponsored ADRS in Weibo Corp.Takes share stake of 1.2 million shares in Autodesk.Change in holdings are as of Sept. 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Weibo reports third quarter non-gaap earnings per share $0.51
Tuesday, 7 Nov 2017 04:50am EST 

Nov 7 (Reuters) - Weibo Corp :Reports third quarter 2017 financial results.Q3 non-gaap earnings per share $0.51.Q3 earnings per share $0.45.Q3 revenue $320 million versus i/b/e/s view $296.1 million.Q3 earnings per share view $0.45 -- Thomson Reuters I/B/E/S.Sees q4 2017 revenue $355 million to $365 million.Qtrly ‍advertising and marketing revenues were $276.8 million, an increase of 77% year-over-year​.‍average daily active users had a net addition of approximately 33 million users year over year and reached 165 million in september 2017​.Q4 revenue view $340.5 million -- Thomson Reuters I/B/E/S.  Full Article

Weibo Corp prices offering of $800 mln convertible senior notes
Thursday, 26 Oct 2017 02:30am EDT 

Oct 26 (Reuters) - Weibo Corp :Weibo corporation prices offering of $800 million convertible senior notes.Says ‍pricing of $800 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo Corp announces proposed offering of US$700 million convertible senior notes
Tuesday, 24 Oct 2017 04:25pm EDT 

Oct 25 (Reuters) - Weibo Corp :Weibo Corp announces proposed offering of US$700 million convertible senior notes.Weibo Corp - ‍proposes to offer up to US$700 million in aggregate principal amount of convertible senior notes due 2022​.  Full Article

Weibo reports Q3 revenue $320 mln
Tuesday, 24 Oct 2017 04:21pm EDT 

Oct 24 (Reuters) - Weibo Corp ::Weibo announces selected results for the quarter ended September 30, 2017.Qtrly non-GAAP net income attributable to Weibo was $115.2 million versus $54.6 million ‍​‍​.Q3 revenue $320 million versus I/B/E/S view $296.1 million.Qtrly ‍advertising and marketing revenues from Alibaba were $25.3 million​.Qtrly ‍net income attributable to weibo was $101.1 million​.  Full Article

China pushes for state stake in big Chinese tech firms- WSJ‍​‍​
Wednesday, 11 Oct 2017 06:02pm EDT 

Oct 11 (Reuters) - :Chinese government pushing some of China's big tech firms to give the state a stake in them and direct role in corporate decisions- WSJ‍​‍​.Chinese internet regulators discussed taking 1 percent stakes with Tencent Holdings, Weibo Corp and Alibaba's Youku Tudou - WSJ‍​‍​, citing sources.  Full Article

Baidu appoints Herman Yu as Chief Financial Officer
Sunday, 17 Sep 2017 10:01pm EDT 

Sept 17 (Reuters) - Baidu Inc - :Baidu appoints Herman Yu as Chief Financial Officer.Baidu Inc - Herman Yu joins Baidu from Weibo Corp, where he has served as chief financial officer since 2015.Jennifer Li will step down as chief financial officer of Baidu and serve company as a senior advisor to senior management.  Full Article

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China Southern to quit SkyTeam, strengthen American partnership

SHANGHAI/CHICAGO China Southern Airlines plans to depart the SkyTeam airline alliance, it said on Thursday, opening the potential for the carrier to become a member of the oneworld group alongside strategic partner American Airlines Group Inc .