Weibo Corp ( (WB) ) has released its Q1 earnings. Here is a breakdown of the information Weibo Corp presented to its investors.
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Weibo Corporation is a prominent social media platform in China, known for enabling users to create, share, and discover content online, and it primarily generates revenue through advertising and marketing services.
In the first quarter of 2025, Weibo reported stable financial performance with net revenues of $396.9 million, showing a slight increase on a constant currency basis. The company highlighted its progress in AI product development and user engagement, alongside a solid performance in its ad business.
Key financial metrics for the quarter included advertising and marketing revenues of $339.1 million and value-added services revenues of $57.7 million. Operating income reached $110.3 million, with an operating margin of 28%. The company also reported a significant increase in net income attributable to shareholders, which rose to $107.0 million from $49.4 million the previous year.
Looking ahead, Weibo’s management remains optimistic about the company’s ability to enhance its product competitiveness and invest in AI technology, aiming to drive further growth and shareholder returns.