Weibo: Q3 Earnings Insights

Weibo WB reported its Q3 earnings results on Thursday, November 9, 2023 at 04:00 AM.

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

Weibo beat estimated earnings by 1.79%, reporting an EPS of $0.57 versus an estimate of $0.56.

Revenue was down $11.41 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 8.83% drop in the share price the next day.

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

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.51	0.43	0.52	0.51
EPS Actual	0.53	0.47	0.75	0.50
Revenue Estimate	440.94M	414.35M	448.69M	470.27M
Revenue Actual	440.24M	413.78M	448.00M	453.56M

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.

Earnings Calendar