Information
Weibo Corp (NASDAQ: WB) reported a fiscal fourth-quarter revenue decline of 1% year-on-year to $456....
Original sourceAI Summary
Weibo's Q4 revenue declined 1% year-on-year to $456.83 million. Advertising revenues fell 4% due to online game sector issues. Value-added service revenues rose 18% driven by membership growth. Monthly active users decreased slightly to 590 million. Weibo declared a cash dividend of $0.82 per ADS.
Sentiment Rationale
Weibo met analyst expectations, despite slight revenue decline. Similar historical cases saw minimal impact post-results.
Trading Thesis
The financial results are likely to influence immediate trading but less so long-term. Earnings announcements often lead to short-term price volatility.
Market-Moving
- Weibo's Q4 revenue declined 1% year-on-year to $456.83 million.
- Advertising revenues fell 4% due to online game sector issues.
- Value-added service revenues rose 18% driven by membership growth.
Key Facts
- Weibo's Q4 revenue declined 1% year-on-year to $456.83 million.
- Advertising revenues fell 4% due to online game sector issues.
- Value-added service revenues rose 18% driven by membership growth.
- Monthly active users decreased slightly to 590 million.
- Weibo declared a cash dividend of $0.82 per ADS.
Companies Mentioned
- BABA (BABA)
- TCEHY (TCEHY)
- MELI (MELI)
- JD (JD)
Earnings
The report includes key financial metrics and a dividend announcement, relevant for investors.