We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Weibo Reports Improved Revenue For Fiscal Third Quarter

November 19, 2014: 12:00 AM EST
Weibo reported revenue of $84 million in its fiscal third quarter 2014, better than Wall Street analysts' forecast of $80 million, as well as the company's guided revenue between $79 million and $82 million. Net loss during the quarter was $1.4 million, much smaller than the $5.1 million in the same quarter of the previous year, with analysts expecting a loss of $2.1 million. According to the company, e-commerce accounted for 42 percent of the company's third-quarter ad revenue.
Vikas Shukla, "Weibo: E-Commerce To Drive Revenue Growth", Seeking Alpha, November 19, 2014, © Seeking Alpha
Domains
E-TAIL360
Companies
Markets
Geographies
Worldwide
Asia-Pacific
China
Categories
Companies, Organizations
Earnings Release
Developed by Yuri Ingultsov Software Lab.