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Wednesday, May 9, 2018

-=Weibo (WB) reported earnings on Wed 9 May 2018 (b/o)



Weibo beats by $0.03, misses on revs; guides Q2 revs in-line 
  • Reports Q1 (Mar) earnings of $0.50 per share, $0.03 better than the Capital IQ Consensus of $0.47; revenues rose 60.6% year/year to $319.9 mln vs the $343.91 mln Capital IQ Consensus.
  • Co issues in-line guidancefor Q2, sees Q2 revs of $420-430 mln vs. $423.87 mln Capital IQ Consensus Estimate.

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