Weibo (WB) to Announce Q3 Financial Results

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Oct 29, 2024

Weibo Corporation (WB, Financial), a leading social media platform for content creation, sharing, and discovery, is set to release its unaudited financial results for the third quarter of 2024 before the U.S. stock market opens on November 19. Following the announcement, Weibo's management will host a conference call to discuss financial and operational performance.

Interested participants can register through the provided link to receive access information and instructions via email. The live broadcast and replay of the conference call will also be available on the company's website.

Weibo integrates powerful social interaction, content integration, and distribution functionalities, allowing users to create and publish posts with multimedia content. The platform's user relationships are typically asymmetrical, enabling users to follow, comment, and repost anyone's content. This distinctive feature facilitates the evolution of original posts into quickly disseminated, multi-participant, real-time discussions.

Weibo provides a comprehensive array of advertising and marketing solutions, with the majority of its revenue derived from these services. It offers social display ads and promotion-based marketing products designed with a mobile-first approach. The platform's continuous refinement of its social interest graph recommendation engine enhances targeted marketing, allowing clients to reach specific audiences based on demographics, social ties, interests, and behaviors, thus elevating marketing precision and engagement.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.