微博 Weibo Corporation（WB）2024年第一季度财报「NASDAQ」（英文版）（6页）.pdf

1、Weibo Announces First Quarter 2024 Unaudited Financial Results05/23/24BEIJING,May 23,2024/PRNewswire/-Weibo Corporation(Weibo or the Company)(NASDAQ:WB and HKEX:9898),a leading social media inChina,today announced its unaudited financial results for the first quarter ended March 31,2024.We had a sol

2、id start to the year,said Gaofei Wang,CEO of Weibo.On the user front,we focused on the acquisition and engagement of high qualityusers and improving ROI of our channel investments.On the content front,we also made progress in optimizing traffic structure through continuousexecution of vertical conte

3、nt strategy.On the monetization front,Weibos business demonstrated stabilized trend,with enhanced operating efficiencythis quarter.Looking forward,we are committed to consistently driving value of our platform and improving shareholder returns.First Quarter 2024 HighlightsNet revenues were US$395.5

4、million,a decrease of 4%year-over-year or flat year-over-year on a constant currencybasis 1.Advertising and marketing revenues were US$339.0 million,a decrease of 5%year-over-year or flat year-over-year on aconstant currency basis 1.Value-added services(VAS)revenues were US$56.5 million,a decrease o

5、f 3%year-over-year or an increase of 1%year-over-year on a constant currency basis 1.Income from operations was US$99.7 million,representing an operating margin of 25%.Net income attributable to Weibos shareholders was US$49.4 million and diluted net income per share was US$0.19.Non-GAAP income from

6、 operations was US$125.8 million,representing a non-GAAP operating margin of 32%.Non-GAAP net income attributable to Weibos shareholders was US$106.6 million and non-GAAP diluted net income pershare was US$0.41.Monthly active users(MAUs)were 588 million in March 2024.Average daily active users(DAUs)