Investing.com - Financial Markets Worldwide

Weibo Earnings, Revenue Beat in Q2

Published 02/09/2022, 03:48
Updated 02/09/2022, 03:48
Weibo Earnings, Revenue Beat in Q2
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Investing.com - Weibo reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Weibo announced earnings per share of HK$3.61 on revenue of HK$3.53B. Analysts polled by Investing.com EPS of HK$3.37 on revenue of HK$3.47B.

Weibo 's are down 57% and is trading at HK$153.00 , still down 44.36% from its 52 week high of HK$275.00 set on Friday, January 21, 2022.

Weibo follows other major Communication Services sector earnings this month

Weibo's report follows an earnings missed by Tencent Holdings on Wednesday, August 17, 2022, who reported EPS of HK$1.92 on revenue of HK$134.03B, EPS of HK$2.55 on revenue of HK$134.3B.

NetEase had beat expectations on Thursday, August 18, 2022 with second quarter EPS of HK$1.89 on revenue of HK$26.74B, for EPS of HK$1.7 on revenue of HK$27.24B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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