| 2017-08-09 06:19:12|
WB 06:19 08/09 08/09/17
Weibo reports Q2 EPS 38c, consensus 36c
Reports Q2 revenue $253.4M, consensus $246.31M. The company said, "We continue to see great momentum in our business. Revenues from SMEs, key accounts and non-advertising all saw robust growth, while our profit and user base reached new highs. These strong results give us confidence that our strategy to focus on developing a unique and expansive content ecosystem, launching engaging features like Weibo Stories, and attracting KOLs, celebrities and other influencers to increase the social and viral nature of Weibo is boding well for us."