WB - Twitter's Chinese Peer Weibo's Q3 User Growth Strong with MAUs Topping 605M But Revenue Falls | Benzinga
Weibo Corp (NASDAQ: WB) reported a third-quarter FY23 revenue decline of 3% year-on-year to $442.2 million, marginally missing the consensus of $442.4 million. Revenue of the Chinese social network company grew by 2% Y/Y on a CC basis.
Adjusted EPS of $0.53 missed the consensus of $0.55.
Weibo's Advertising and marketing revenues declined ...