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.

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.

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:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.81	0.84	0.63	0.48
EPS Actual	0.83	0.90	0.79	0.57
Revenue Estimate	607.75M	589.79M	527.89M	429.78M
Revenue Actual	616.29M	607.43M	574.47M	458.90M

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.

Overview Rating:

Good

0100

Earnings Calendar