China’s Weibo Q4 Revenue Beats As Mobile Ads Grow

By | March 10, 2015

Scalper1 News

China microblogging service Weibo (WB) late Tuesday reported revenue of $105.2 million, above analyst estimates of $104 million and up 47% from the year-earlier quarter. Earnings per share minus items of 4 cents met the consensus estimate and was double the year-earlier number. Advertising and marketing revenue rose 57% to $88 million. For Q1, Weibo estimates revenue of $93 million to $96 million, the midpoint just above the $94.4 million Scalper1 News

Scalper1 News