Weibo (WB), the Chinese social media giant, saw its shares surge 6.66% in intraday trading on Thursday following the release of its impressive second-quarter financial results. The company's earnings significantly outperformed analyst expectations, demonstrating strong growth and resilience in a challenging market environment.

For the quarter ended June 30, Weibo reported non-GAAP earnings of $0.54 per diluted share, surpassing the FactSet consensus estimate of $0.43 by a substantial 25.6%. This represents a 12.5% increase from $0.48 per share in the same period last year. The company's revenue also exceeded expectations, coming in at $444.8 million, above the FactSet estimate of $439.3 million and showing a 1.58% year-over-year growth.

Weibo's strong performance was driven by solid growth in its advertising business. Advertising and marketing revenues for the second quarter were $383.4 million, an increase of 2% compared to the same period last year. The company also reported robust user engagement, with 588 million monthly active users (MAUs) and 261 million average daily active users (DAUs) in June 2025. These results underscore Weibo's ability to effectively monetize its user base and navigate the competitive social media landscape, boosting investor confidence in the company's growth prospects and market position.