5 Things Weibo Management Wants You to Know
Weibo (NASDAQ: WB) delivered another strong quarter with its August 9 earnings report, growing monthly active users (MAUs) 28% and daily active users (DAUs) 26% over the prior-year period. The combination of user additions and improved engagement helped propel the Chinese social media company to substantial year-over-year revenue and net income gains:
Data source: Weibo.
Read on for five key takeaways from the company's second-quarter conference call and a more in-depth look at Weibo's earnings results -- with quotes courtesy of S&P Global Market Intelligence.
Source: Fool.com
Weibo Corp. ADR Stock
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As a result the target price of 14 € shows a very positive potential of 97.18% compared to the current price of 7.1 € for Weibo Corp. ADR.
