Report
Marie Sun
EUR 101.80 For Business Accounts Only

Weibo Has Been Adding More Video Content; FVE Increased to $40

Weibo announced further strong third-quarter results that beat both our estimates and the high end of company guidance. The firm’s video strategy has been progressing well, with video ad revenue accounting for about 10% of total ad revenue. Third-quarter results benefited from the Rio Olympic Games, with the top line growing 42% year on year, largely driven by growth in ad revenue of 119% from key accounts and 90% from SMEs. The operating margin expanded by 570 basis points to 24.3% sequentially...
Underlying
Weibo Corp Sponsored ADR Class A

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Marie Sun

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