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Last $14.53 USD
Change Today 0.00 / 0.00%
Volume 313.0K
WB On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

weibo corp-spon adr (WB) Snapshot

Open
$14.53
Previous Close
$14.53
Day High
$14.85
Day Low
$14.42
52 Week High
09/12/14 - $26.08
52 Week Low
02/2/15 - $12.11
Market Cap
2.9B
Average Volume 10 Days
920.8K
EPS TTM
$-0.34
Shares Outstanding
80.5M
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 a social media platform for people to create, distribute, and discover Chinese-language content. It operates in two segments, Advertising and Marketing Services, and Other Services. The company offers self-expression products that enable users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products, which allows users to discover content on its platform; notifications that enables users to be notified of Weibo account activities through SMS or push notification on their device; third-party online games, including role playing games, card games, strategy games, and real life simulation games; and additional functions to VIP memberships. It also develops mobile apps, such as Weibo Headlines, which aggregates news and information, and delivers them in an information feed format; and Weibo Weather, a weather app. In addition, the company provides advertising and marketing solutions, including social display ads and promoted marketing products, which enable large companies and small-and-medium enterprises to promote their brands and conduct marketing activities. Further, it offers products that allow platform partners to link their Websites and mobile apps to its platform, enabling their users to share content to Weibo; app, page app, and enterprise application programming interfaces, which allows third-party developers to build apps to serve individual and organization users; and Weibo Credit that allows its users to purchase in-game virtual items and other types of fee-based services on Weibo, and platform partners to receive payment. 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 operates as 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 8.8x
Price/Book 5.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 7.5x
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