NASDAQ$WB

Weibo Corp-ADR · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

WB Q4 2023 — CNY 780.3M revenue

Weimeng Chuangke, all of which are domestic PRC companies in which we do not have equity interests but whose financial results have been consolidated into our consolidated financial statements in acco. Weibo Corp-ADR reported Q4 2023 results. Headline numbers extracted from the Form 20-F press release; narrative is light because this row was processed without an LLM call.

  • Revenue: CNY 780.3M.
  • Filed on Form 20-F (accession 0001104659-24-051442).

Headline financials

Total Revenue

$464M

Previous: $448M+3.5%
EPS (adj)

$0.31

Previous: $0.75-58.7%
Capital Expenditures

$7.5M

Previous: $15.3M-50.9%
Net Income

$83.2M

Previous: $142M-41.4%
Operating Income

$119M

Previous: -$72.8M+263.5%
Gross Profit

$364M

Previous: $342M+6.3%
R&D Expense

$67.2M

No prior period
Stock-Based Comp

$21.7M

Previous: $23.4M-7.0%

Revenue & EPS history

Weibo · Revenue · Quarterly

$464M

Q4 2023+3.5%vs Q4 2022
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

Weibo · $421M total across 2 segments · Q1 2026

  • Advertising and marketing
    $370M+9.1%
  • Value-added services
    $51.6M-10.6%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.4%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.7%

Avg return

30 days after

40%

20 / 50 earnings

Positive

+18.9%

Q1 2017

Best reaction

-17.5%

Q3 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.9%-0.5%
Q4 2026-9.3%+0.3%-1.2%
Q3 2025+0.0%-3.1%+1.8%
Q2 2025+11.3%+9.0%+19.2%
Q1 2025+4.4%+11.3%+11.5%
Q4 2024-3.2%+0.8%-29.4%
Q3 2024+7.9%+4.8%+15.7%
Q2 2024-1.5%-3.9%-3.3%
Q1 2024-1.1%+0.2%-7.7%
Q4 2023+2.2%-4.0%-21.3%
Q3 2023-6.7%-3.7%-20.6%
Q2 2023-5.9%+0.4%-7.5%
Q1 2023-4.8%-11.8%-16.9%
Q4 2022-6.2%-11.4%-3.0%
Q3 2022-2.8%-7.5%+18.8%
Q2 2022-8.0%-12.3%-17.4%
Q1 2022-4.5%+6.2%+10.1%
Q4 2021-6.0%-8.4%-6.6%
Q3 2021+5.1%+0.2%-28.2%
Q2 2021+2.7%+10.3%+9.7%
Q1 2021-0.0%+2.1%+3.3%
Q4 2020+3.6%+4.1%-1.9%
Q3 2020-10.6%-7.5%+13.7%
Q2 2020+3.4%+18.5%+27.5%
Q1 2020-6.2%-18.4%-4.0%
Q4 2019-5.5%-1.8%-22.7%
Q3 2019-17.5%-21.0%-17.5%
Q2 2019+13.8%+6.9%+32.2%
Q1 2019-14.7%-16.0%-15.5%
Q4 2018-7.0%-15.0%-5.0%
Q3 2018+1.1%+12.9%-0.4%
Q2 2018-4.0%-7.9%-12.6%
Q1 2018-11.9%-15.8%-16.8%
Q4 2017+18.0%+13.9%+13.0%
Q3 2017+9.8%+6.0%+1.5%
Q2 2017-4.7%-0.5%+21.5%
Q1 2017+18.9%+24.5%+14.4%
Q4 2016-15.8%-11.4%-14.3%
Q3 2016+10.6%+10.8%-3.6%
Q2 2016+16.6%+19.1%+37.2%
Q1 2016-1.6%
Q4 2015+8.1%
Q3 2015+5.4%
Q2 2015+2.3%
Q1 2015-1.1%
Q4 2012-2.1%
Q4 2013-2.1%
Q4 2014+3.2%
Q3 2014-6.5%
Q2 2014+3.5%
Q1 2014
Q3 2013
Q2 2013
Q1 2013

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