Weibo Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results and Annual Dividend
1. Weibo reported net revenues of $456.8 million for Q4 2024. 2. Advertising revenues declined by 4%, while VAS revenues increased by 18%. 3. Weibo announced a $200 million annual dividend for 2024. 4. Operating margin remained stable at 28% with a non-GAAP margin of 33%. 5. Net income attributable to shareholders decreased significantly compared to Q4 2023.