Weibo Beats Q1 Revenue And EPS Estimates Despite Yearly Decline - What's On The Cards?
Weibo Beats Q1 Revenue And EPS Estimates Despite Yearly Decline - What's On The Cards?
Weibo Corp (NASDAQ: WB) reported a fiscal first-quarter 2024 revenue decline of 4% year-on-year to $395.5 million, beating the analyst consensus estimate of $392.5 million. Revenue of the Chinese social network company was flat Y/Y on a CC basis.
微博公司（納斯達克股票代碼：WB）報告稱，2024財年第一季度收入同比下降4％，至3.955億美元，超過了分析師共識估計的3.925億美元。按CC計算，這家中國社交網絡公司的收入同比持平。
Adjusted EPS of $0.41 beat the analyst consensus estimate of $0.36. The stock price gained after the results.
調整後的每股收益爲0.41美元，超過了分析師共識估計的0.36美元。業績公佈後，股價上漲。
Weibo's advertising and marketing revenues declined by 5% Y/Y at $339.0 million. Value-added service (VAS) revenues decreased 3% Y/Y to $56.5 million.
微博的廣告和營銷收入同比下降5％，至3.390億美元。增值服務（VAS）收入同比下降3％，至5,650萬美元。
Monthly active users (MAUs) were 588 million in March 2024 (vs 593 million Y/Y), while Average daily active users (DAUs) rose by 5 million Y/Y to 255 million (vs 255 million Y/Y).
2024年3月，月活躍用戶（MAU）爲5.88億（同比爲5.93億），而平均每日活躍用戶（DAU）同比增長500萬至2.55億（同比增長2.55億）。
The adjusted operating margin improved by 100 bps to 32% as profits declined by 2.2% Y/Y.
由於利潤同比下降2.2％，調整後的營業利潤率提高了100個點子至32％。
Weibo held $3.3 billion in cash and equivalents as of March-end and generated $139.6 million in operating cash flow during the quarter.
截至3月底，微博持有33億美元的現金及等價物，並在本季度創造了1.396億美元的運營現金流。
CEO Gaofei Wang said, "On the user front, we focused on the acquisition and engagement of high quality users and improving ROI of our channel investments. On the content front, we also made progress in optimizing traffic structure through continuous execution of vertical content strategy. On the monetization front, Weibo's business demonstrated stabilized trend, with enhanced operating efficiency this quarter."
首席執行官王高飛表示：“在用戶方面，我們專注於獲取和吸引高質量用戶，提高渠道投資的投資回報率。在內容方面，我們還通過持續執行垂直內容策略，在優化流量結構方面取得了進展。在盈利方面，微博的業務表現出穩定的趨勢，本季度的運營效率有所提高。”
Weibo stock lost 46% in the last 12 months. Investors can gain exposure to the stock via IShares MSCI China Small-Cap ETF (NYSE:ECNS) and Fidelity Metaverse ETF (NASDAQ:FMET).
微博股票在過去12個月中下跌了46％。投資者可以通過iShares MSCI中國小盤股ETF（紐約證券交易所代碼：ECNS）和富達元界ETF（納斯達克股票代碼：FMET）獲得股票敞口。
Price Action: WB shares traded higher by 2.71% at $9.10 premarket at the last check Thursday.
價格走勢：在週四的最後一次支票中，WB股價上漲2.71％，盤前價格爲9.10美元。
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譯文內容由第三人軟體翻譯。