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Weibo Q1 Adj. EPS $0.45 Beats $0.38 Estimate, Sales $396.86M Beat $394.21M Estimate

Benzinga Newsdesk 1 year ago

EarningsEarnings BeatsNews

Weibo (NASDAQ:WB) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.38 by 18.42 percent. This is a 9.76 percent increase over earnings of $0.41 per share from the same period

Weibo (NASDAQ:WB) reported quarterly earnings of $0.45 per share which beat the analyst consensus estimate of $0.38 by 18.42 percent. This is a 9.76 percent increase over earnings of $0.41 per share from the same period last year. The company reported quarterly sales of $396.86 million which beat the analyst consensus estimate of $394.21 million by 0.67 percent. This is a 0.34 percent increase over sales of $395.50 million the same period last year.

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