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0.00411946446961886 0.00583590799862678 0.00892550635084099 -0.000514933058702388 -0.0151047030552695 -0.023686920700309 -0.0207689667009956 -0.0207689667009956
Stock impact report

Weibo Reports Fourth Quarter and Fiscal Year 2016 Financial Results

Weibo Corporation - American Depositary Shares (WB) 
Last weibo corporation - american depositary shares earnings: 2/26 05:00 am Check Earnings Report
US:NYSE Investor Relations: ir.weibo.com
Company Research Source: PR Newswire
BEIJING, Feb. 22, 2017 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB), a leading social media in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2016.Fourth Quarter 2016 HighlightsNet revenues increased 43% year over year to $212.7 million, exceeding the Company's guidance between $205 million and $210 million. Advertising and marketing revenue increased 45% year over year to $187.9 million. Weibo Value-Added Services ("VAS") revenue increased 28% year over year to $24.9 million. Net income attributable to Weibo increased 125% year over year to $43.0 million, and diluted net income per share was $0.19, compared to $0.09 for the same period last year. Non-GAAP net income attributable to Weibo increased 134% year over year to $77.0 million, and non-GAAP diluted net income per share was $0.34, compared to $0.15 for the same period last year. Adjusted EBITDA increased 111% year over year to $78.2 m Show less Read more
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