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Last $12.11 USD
Change Today -0.02 / -0.16%
Volume 258.0K
WB On Other Exchanges
Symbol
Exchange
Munich
As of 12:10 PM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

weibo corp-spon adr (WB) Snapshot

Open
$11.66
Previous Close
$12.13
Day High
$12.24
Day Low
$11.66
52 Week High
09/12/14 - $26.08
52 Week Low
08/24/15 - $8.78
Market Cap
2.5B
Average Volume 10 Days
1.1M
EPS TTM
$-0.34
Shares Outstanding
90.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for WEIBO CORP-SPON ADR (WB)

weibo corp-spon adr (WB) Details

Weibo Corporation operates as a social media platform for people to create, distribute, and discover Chinese-language content. The company operates through two segments, Advertising and Marketing Services, and Other Services. It offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform; and notifications to notify users on Weibo account activities through SMS or push notification on their device. The company also provides third-party online games, including role playing, card, strategy, and real life simulation games, as well as various services and functions to VIP members; and develops mobile apps comprising Weibo Headlines that aggregates news and information from Weibo and other online sources, as well as Weibo Weather, a weather app. In addition, it offers advertising and marketing solutions, such as social display ads; and promoted marketing, accounts, and trends to enable its customers to promote their brands and conduct marketing activities. Further, the company provides products that allow its platform partners to link their Websites and mobile apps to its platform, enabling their users to share content to Weibo; and application programming interfaces, which allow third-party developers to build apps to serve individual and organization users. Additionally, it offers Weibo Credit that allows its users to purchase in-game virtual items and other types of fee-based services on Weibo, and for platform partners to receive payment; and Weibo wallet, which enables individuals and businesses to hand out ‘red envelops’ to build fan base. The company was formerly known as T.CN Corporation and changed its name to Weibo Corporation in 2012. The company was founded in 2009 and is headquartered in Beijing, China. Weibo Corporation is a subsidiary of SINA Corporation.

2,915 Employees
Last Reported Date: 04/28/15
Founded in 2009

weibo corp-spon adr (WB) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

weibo corp-spon adr (WB) Key Developments

Weibo Corporation Presents at Credit Suisse North Asia Internet C-Level Conference - Hong Kong, Aug-26-2015

Weibo Corporation Presents at Credit Suisse North Asia Internet C-Level Conference - Hong Kong, Aug-26-2015 . Venue: Credit Suisse's office, International Commerce Centre, Kowloon, Hong Kong.

Weibo Corporation Presents at Morgan Stanley China Internet & E-Commerce Conference, Aug-24-2015

Weibo Corporation Presents at Morgan Stanley China Internet & E-Commerce Conference, Aug-24-2015 . Venue: Four Seasons Hotel, China.

Weibo Corporation Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Revenue Guidance for the Third Quarter of 2015

Weibo Corporation announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total net revenues of $107,842,000 compared with $77,320,000 for the same period a year ago. Income from operations was $2,338,000 compared with loss from operations of $10,668,000 for the same period a year ago. Income before income tax expenses was $4,567,000 compared with loss before income tax expenses of $15,778,000 for the same period a year ago. Net income attributable to the company's ordinary shareholders was $4,196,000 or $0.02 per basic and diluted share compared with net loss attributable to the company's ordinary shareholders of $15,515,000 or $0.08 per basic and diluted share for the same period a year ago. Non GAAP income from operations was $9,704,000 compared with non GAAP loss from operations of $6,955,000 for the same period a year ago. Non GAAP net income attributable to the company's ordinary shareholders was $10,941,000 or $0.05 per diluted share compared with non GAAP net loss attributable to the company's ordinary shareholders of $5,069,000 or $0.03 per diluted share for the same period a year ago. Adjusted EBITDA was $15,407,000 compared with adjusted LBITDA of $1,808,000 for the same period a year ago. Cash provided by operating activities for the second quarter of 2015 was $51.4 million. Capital expenditure was $3.7 million. For the six months, the company reported total net revenues of $204,132,000 compared with $144,830,000 for the same period a year ago. Loss from operations was $2,183,000 compared with $18,907,000 for the same period a year ago. Income before income tax expenses was $1,502,000 compared with loss before income tax expenses of $63,905,000 for the same period a year ago. Net income attributable to the company's ordinary shareholders was $1,146,000 or $0.01 per basic and diluted share compared with net loss attributable to the company's ordinary shareholders of $63,022,000 or $0.37 per basic and diluted share for the same period a year ago. Non GAAP income from operations was $11,101,000 compared with non GAAP loss from operations of $12,725,000 for the same period a year ago. Non GAAP net income attributable to the company's ordinary shareholders was $13,707,000 or $0.06 per diluted share compared with non GAAP net loss attributable to the company's ordinary shareholders of $10,008,000 or $0.06 per diluted share for the same period a year ago. Adjusted EBITDA was $22,139,000 compared with adjusted LBITDA of $2,450,000 for the same period a year ago. For the third quarter of 2015, the company estimates that its net revenues to be between $120 million and $123 million.

 

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Industry Analysis

WB

Industry Average

Valuation WB Industry Range
Price/Earnings 100.0x
Price/Sales 6.5x
Price/Book 4.3x
Price/Cash Flow 3,220.0x
TEV/Sales 5.6x
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