3 Quotes That Tell Weibo's Growth Story
Started as a Chinese social network that replicated many of Twitter's functions and features, Weibo (NASDAQ: WB) has since surpassed its American counterpart in key metrics including active users and net income. The chart below outlines the company's sales and earnings growth over the last three years and gives a good snapshot of how far the social platform has come in a relatively short period of time.
Quarterly sales are up roughly 200% over the three-year period, while earnings per share have skyrocketed 1,000%, and shares have climbed roughly 140% this year alone. Those are great results, but for shareholders and those considering investing in Weibo, it's also advisable to take a deeper look at the company's growth story.
Source: Fool.com