|Bid||60.62 x 800|
|Ask||60.69 x 800|
|Day's range||60.33 - 63.14|
|52-week range||54.36 - 142.12|
|Beta (3Y Monthly)||2.54|
|PE ratio (TTM)||29.15|
|Earnings date||5 Nov 2018 - 9 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||117.53|
BEIJING (AP) — X-Men star Fan Bingbing's Beijing management office is dark and abandoned. Her birthday passed almost unremarked in China's hyper-adrenalized social media environment.
One of China's most famous actress, Fan Bingbing, has not been seen publicly since July after reports emerged that she had been caught up in a probe by Chinese authorities into tax evasion in the film industry.
How have operating expenses impacted Weibo’s operating margin? Weibo’s (WB) operating expenses rose 82% YoY to $209.9 million in the second quarter of 2018. Operating expenses used up 45% of the revenue in the second quarter of 2017 compared to 51% and 49% in the first and second quarters of 2018, respectively.
What led to the gross margin growth of Weibo? Weibo’s (WB) cost of revenue rose 23% YoY to $61.8 million in the second quarter of 2018. Weibo’s gross profit increased by 80% YoY to $364.8 million in the second quarter of 2018.
Weibo’s (WB) net income increased by 167% and 121% in 2016 and 2017, respectively. The company’s remarkable revenue and operating income growth played a crucial role in driving net income growth. Weibo succeeded in reducing its cost of revenue and operating expense margins, leading to higher net income margins. The company saw net income of $183.5 million and $405.7 million in 2016 and 2017, respectively. The net margin expanded from 14% in 2015 to 35% in 2017. Improved gross and operating margins drove the growth in net margin. ...
What drove Weibo’s operating margins? On the brighter side, the expenses as a percentage of revenue (or operating expense margin) have fallen from 62% in 2015 to 44% in 2017. Weibo’s improved gross profit and operating expenses led to growth of 276% and 189% in income of operations for 2016 and 2017, respectively.
SINGAPORE, Sept 10, 2018 - (ACN Newswire) - AppsFlyer, the world's leading mobile attribution and marketing analytics platform, has announced a collaboration with leading Chinese social media platform Weibo. The partnership aims to improve the accuracy of digital advertising monitoring, and provide Chinese digital advertisers and media companies with a more comprehensive and effective digital advertising measurement standard.
What drove the gross margins of Weibo? Weibo’s (WB) cost of revenue rose by 21% and 35% in 2016 and 2017, respectively. Turnover taxes from higher revenue, infrastructure costs from increased traffic and video content, content licensing fees for games services, and revenue sharing cost of advertisement production drove the costs in both the years.
Weibo (WB) saw revenue growth of 37% and 75% in fiscal 2016 and 2017, respectively. Revenue amounted to $655.8 million and $1.2 billion for these years, respectively. Advertising and marketing services and value-added services are the company’s two reportable business segments. The share of revenue from advertising and marketing grew from 84% in 2015 to 87% in 2016 and 2017. The company’s advertising and marketing revenue came from three broad categories: third parties, Alibaba and SINA, and other related parties.
Weibo’s (WB) net income expanded 80% YoY to $156.1 million in the second quarter of 2018. Weibo also succeeded in reducing its costs and expenses as a percentage of revenue. The operating margin had significantly influenced net margin.
Weibo (WB), considered to be the “Twitter of China,” surpassed Twitter’s user base (TWTR) in May 2017. The company’s competitors for user traffic, content, and social networking services and messenger include Tencent Holdings, Alibaba Group Holding, Baidu, NetEase, and Facebook. The S&P 500 and the tech-heavy NASDAQ ended in the red amid US-China trade war concerns on September 6. The NASDAQ Composite has gained 14.8% YTD and has a PE ratio of 25.5x. Let’s investigate the valuations of Weibo and its peers as of September 6.
Tech executives testify before the Senate and are peppered with questions about their business plans in China.
Rumors of Google's reentry into the Chinese search market elicited some strong reactions, but some seem to be missing the big picture.
Tencent Holdings Stock: What Could Keep Driving It? In this part of the series, we’ll analyze significant events that have impacted Tencent Holdings (TCEHY) stock. The online gaming segment continues to remain a crucial segment for the company.
Google stock Alphabet set up a new buy point. Tech, retail, health care and banking stocks gave the major indexes nice gains in afternoon trading. Chinese ADRs fell.