Weibo Corp. (NASDAQ:WB) stock fell Thursday after the Chinese social media company reported mixed first-quarter 2026 results, as revenue topped Wall Street estimates but earnings missed expectations.
Revenue Tops Estimates, EPS Misses
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Weibo reported first-quarter revenue of $421.3 million, up 6% from a year earlier and above the analyst consensus estimate of $417.9 million. On a constant-currency basis, revenue increased 1% year over year.
Adjusted earnings came in at 34 cents per share, missing analyst expectations of 36 cents per share.
