Weibo Ad Revenue And MAUs Drop In Q4, Stock Slides
1. Weibo's Q4 revenue declined 1% year-on-year to $456.83 million. 2. Advertising revenues fell 4% due to online game sector issues. 3. Value-added service revenues rose 18% driven by membership growth. 4. Monthly active users decreased slightly to 590 million. 5. Weibo declared a cash dividend of $0.82 per ADS.