Weibo Q4 EPS Misses by $0.08 Despite 4% Revenue Growth to $473.3M
Weibo’s Q4 adjusted EPS was $0.25, missing the $0.33 consensus, while revenue rose 4% year-over-year to $473.3 million. Advertising revenue grew 5% to $403.8 million even as total expenses climbed 13%, driving the adjusted operating margin down to 21% from 30%.
1. Q4 Earnings and Revenue Performance
Weibo reported adjusted EPS of $0.25 in Q4, falling short of the $0.33 consensus, while revenue increased 4% year-over-year to $473.3 million.
2. Advertising and Value-Added Services Mix
Advertising and marketing revenue rose 5% to $403.8 million on strong e-commerce and local services demand, whereas value-added services revenue declined 2% to $69.5 million.
3. Cost Increases and Margin Impact
Total costs and expenses climbed 13% to $381.7 million, driven by higher advertising production and marketing costs, leading adjusted operating income down to $100.4 million and margin contraction to 21%.
4. Annual Dividend and User Metrics
The board approved a $0.61 per ADS annual dividend totaling roughly $150 million, and the platform reported 567 million monthly and 252 million daily active users.