Weibo Q2 2024 Adj. EPS $0.48 Beats $0.41 Estimate, Sales $437.873M Beat $436.954M Estimate
Portfolio Pulse from Benzinga Newsdesk
Weibo reported its Q2 2024 financial results, with adjusted EPS of $0.48, surpassing the estimate of $0.41. The company's sales reached $437.873 million, also beating the expected $436.954 million.
August 22, 2024 | 9:25 am
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POSITIVE IMPACT
Weibo's Q2 2024 earnings report shows a positive performance with EPS and sales both exceeding expectations.
Weibo's better-than-expected EPS and sales figures indicate strong financial performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100