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Last $16.23 USD
Change Today +0.69 / 4.41%
Volume 675.1K
WB On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

weibo corp-spon adr (WB) Snapshot

Previous Close
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52 Week High
09/12/14 - $26.08
52 Week Low
02/2/15 - $12.11
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Average Volume 10 Days
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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 Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Revenue Guidance for the Second Quarter of 2015

Weibo Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported total net revenues of $96,290,000 against $67,510,000 a year ago. Loss from operations was $4,309,000 against $8,062,000 a year ago. Loss before income tax expense was $2,850,000 against $47,953,000 a year ago. Net loss was $2,845,000 against $47,377,000 a year ago. Net loss attributable to company’s ordinary shareholders was $2,894,000 or $0.01 per share basic and diluted per share attributable to company shareholders against $47,377,000 or $0.31 per share basic and diluted per share attributable to company shareholders a year ago. Non-GAAP income from operations was $1,609,000 against non-GAAP loss from operations of $5,593,000 a year ago. Non-GAAP net income attributable to company’s shareholders was $2,922,000 or $0.01 per share diluted against non-GAAP net loss attributable to company’s shareholders of $4,809,000 or $0.03 per share diluted a year ago. Non-GAAP adjusted EBITDA was $6,889,000 against adjusted non-GAAP LBITDA of $509,000 a year ago. Cash provided by operating activities for the first quarter of 2015 was $7.5 million, capital expenditure totaled $3.8 million. For the second quarter, the company estimates that its net revenues to be between $102 million and $105 million, which assumes that certain planned initiatives with Alibaba are still expected to begin in the second quarter, but revenue for which may need to be deferred to the second half of 2015 for revenue recognition purposes. This forecast reflects the company’s current and preliminary view, which is subject to change.

Weibo Corporation to Report Q1, 2015 Results on May 14, 2015

Weibo Corporation announced that they will report Q1, 2015 results at 5:00 PM, China Standard Time on May 14, 2015

Weibo Corporation, Q1 2015 Earnings Call, May 14, 2015

Weibo Corporation, Q1 2015 Earnings Call, May 14, 2015


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