- Weibo press release (NASDAQ:WB): Q1 Non-GAAP EPS of $0.41 beats by $0.06.
- Revenue of $395.5M (-4.4% Y/Y) beats by $8.1M.
- Monthly active users were 588 million in March 2024.
- Average daily active users were 255 million in March 2024.
- As of March 31, 2024, Weibo’s cash, cash equivalents and short-term investments totaled $3.3 billion.
- For the first quarter of 2024, cash provided by operating activities was $139.6 million, capital expenditures totaled $21.7 million, and depreciation and amortization expenses amounted to $14.8 million.
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