Weibo (WB) Tops Q1 EPS by 3c, Q2 Revenue Guidance Tops Views
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Piper Jaffray Raises Price Target on Weibo (WB) Following 1Q Beat
May 12, 2016 9:20 AM EDTPiper Jaffray reiterated an Overweight rating on Weibo Corp (NASDAQ: WB), and raised the price target to $26.00 (from $22.00), following the company's 1Q earnings report. Weibo reported Q1 revenue of $119.3 million, 5% ahead of the Street's $113.9 million. Q1 PF EPS was $0.07 vs the Street's $0.02. Weibo guided... More
Weibo (WB) Tops Q1 EPS by 3c
May 11, 2016 4:32 PM EDTWeibo (Nasdaq: WB) reported Q1 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $119.3 million versus the consensus estimate of $113.66 million.
Monthly active users ("MAUs") in March 2016 grew 32% year over year to 261 million, 85% of which were mobile... More
Tigress Financial Partners Downgrades Weibo Corp (WB) to Neutral
May 11, 2016 3:08 PM EDTTigress Financial Partners downgraded Weibo Corp (NASDAQ: WB) from Buy to Neutral. Analysts noted recent outperformance.
For an analyst ratings summary and ratings history on Weibo Corp click here. For more ratings news on Weibo Corp click here.
Shares of Weibo Corp closed at $23.18 yesterday.
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