Weibo: Q2 Earnings Insights

Weibo WB reported its Q2 earnings results on Thursday, September 1, 2022 at 05:00 AM.

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

Weibo beat estimated earnings by 6.98%, reporting an EPS of $0.46 versus an estimate of $0.43.

Revenue was down $124.31 million from the same period last year.

Last quarter the company beat on EPS by $0.1 which was followed by a 4.5% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.46	0.81	0.84	0.63
EPS Actual	0.56	0.83	0.90	0.79
Revenue Estimate	474.24M	607.75M	589.79M	527.89M
Revenue Actual	484.62M	616.29M	607.43M	574.47M

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