Weibo's Profit Plunges in Q1

MT Newswires Live

05/28

Weibo (HKG:9898) recorded an attributable net income of $34.7 million in the first quarter of 2026, down from $107 million a year prior, according to a Thursday Hong Kong bourse filing.

Earnings per share plunged to $0.14 from $0.41 in the corresponding period of the previous fiscal year.

Revenue jumped 6% to $421.3 million from $396.9 million in the year-ago period

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