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Last $16.62 USD
Change Today -0.06 / -0.36%
Volume 557.1K
As of 8:10 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

weibo corp-spon adr (WB) Snapshot

Open
$16.75
Previous Close
$16.68
Day High
$16.78
Day Low
$16.38
52 Week High
09/12/14 - $26.08
52 Week Low
02/2/15 - $12.11
Market Cap
3.4B
Average Volume 10 Days
968.2K
EPS TTM
$-0.34
Shares Outstanding
87.6M
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.

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 Announces Management Changes

SINA Corporation announced changes in management roles, whereby Mr. Herman Yu, the company's Chief Financial Officer, will assume a new role as the Chief Financial Officer of Weibo Corporation and Ms. Bonnie Yi Zhang, the company's Chief Financial Officer, will serve as the Chief Financial Officer of the company. Both changes are effective immediately.

Weibo Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015

Weibo Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total net revenue of $105,212,000 against $71,424,000 a year ago. Income from operations was $4,872,000 against $1,193,000 a year ago. Income before income tax expenses was $7,889,000 against $21,089,000 a year ago. Net income attributable to ordinary shareholders was $4,591,000 or $0.02 per diluted share against $21,560,000 or $0.11 per diluted share a year ago. Non-GAAP net income attributable to ordinary shareholders increased 142% year over year to $9.4 million, or $0.04 non-GAAP diluted net income per share attributable to Weibo's ordinary shareholders. Non-GAAP adjusted EBITDA was $16.2 million, compared to $8.7 million for the same period last year. Non-GAAP income from operations for the fourth quarter of 2014 was $9.8 million, compared to $3.0 million for the same period last year. For the fourth quarter of 2014, cash used in operating activities was $32.1 million, capital expenditures totaled $3.8 million, and depreciation and amortization expenses amounted to $6.1 million. For the year, the company reported total net revenue of $334,172,000 against $188,313,000 a year ago. Loss from operations was $21,292,000 against $57,904,000 a year ago. Loss before income tax expenses was $61,506,000 against $37,844,000 a year ago. Net loss attributable to ordinary shareholders was $63,378,000 or $0.34 per basic and diluted share against $38,115,000 or $0.26 per basic and diluted share a year ago. Non-GAAP net loss attributable to ordinary shareholders decreased 94% year over year to $1.7 million, or $0.01 non-GAAP diluted net loss per share attributable to ordinary shareholders. Non-GAAP adjusted EBITDA was $16.1 million, compared to a negative adjusted EBITDA of $6.3 million in last year. Non-GAAP loss from operations was $6.302 million against $26.433 million a year ago. For the first quarter of 2015, the company estimates that its net revenues to be between $93 million and $96 million. This forecast reflects Weibo's current and preliminary view.

Weibo Corporation to Report Q4, 2014 Results on Mar 10, 2015

Weibo Corporation announced that they will report Q4, 2014 results at 5:00 PM, China Standard Time on Mar 10, 2015

 

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WB

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Valuation WB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 10.1x
Price/Book 6.0x
Price/Cash Flow NM Not Meaningful
TEV/Sales 8.9x
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