Weibo: Q1 Earnings Insights

Weibo WB reported its Q1 earnings results on Wednesday, June 1, 2022 at 05:00 AM.

Here's what investors need to know about the announcement.

Earnings

Weibo beat estimated earnings by 21.74%, reporting an EPS of $0.56 versus an estimate of $0.46.

Revenue was up $25.73 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 5.5% drop in the share price the next day.

Here's a look at Weibo's past performance:

To track all earnings releases for Weibo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.