— Weibo Corporation (NASDAQ: WB) reported Q4 2019 earnings of $0.77 per share, vs. $0.72 expected.
— Revenues fell 3% to $468.1 million, vs. $468.9 million expected.
— Advertising and marketing revenues fell 3% to $405.9 million.
— Value-added services revenue dropped 4% to $62.2 million.
— Monthly active users were 516 million in December 2019, reflecting an increase of around 54 million users year-over-year.
— Average daily active users were 222 million in December 2019, an increase of approx. 22 million users year-over-year.
— Q1 2020 revenues are expected to decrease by 15-20% year-over-year on a constant currency basis.
— WB shares were down over 10% in premarket hours on Wednesday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Netflix (NFLX): Four reasons why this leader will not be easy to overthrow
Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also
Fastenal (FAST) sees strong post-COVID prospects: Is the stock a buy?
The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,
HEXO Corp. (HEXO) Earnings: 3Q21 Key Numbers
HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5
