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Weibo Corporation  (WB)
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Price: $9.9100 $0.40 4.206%
Day's High: $9.93 Week Perf: 7.14 %
Day's Low: $ 9.36 30 Day Perf: 6.67 %
Volume (M): 2,210 52 Wk High: $ 21.58
Volume (M$): $ 21,899 52 Wk Avg: $12.78
Open: $9.39 52 Wk Low: $7.84



 Market Capitalization (Millions $) 2,343
 Shares Outstanding (Millions) 236
 Employees 3,361
 Revenues (TTM) (Millions $) 1,836
 Net Income (TTM) (Millions $) 98
 Cash Flow (TTM) (Millions $) 267
 Capital Exp. (TTM) (Millions $) 43

Weibo Corporation

Weibo is a leading social media platform for people to create, distribute and discover content. It provides an unprecedented and simple way for people and organizations to publicly express themselves in real time, interact with others on a massive global platform and stay connected with the world.

 

Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multimedia and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. The simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.

Weibo serves a wide range of users including ordinary people, celebrities and other public figures, as well as media outlets, businesses, government agencies, charities and other organizations, making it a microcosm of Chinese society. For many people in China, Weibo allows them to be heard publicly and exposed to the rich ideas, cultures and experiences of the broader world.

In addition to users, Weibo’s ecosystem includes customers and platform partners:

Customers. We enable our advertising and marketing customers to promote their brands, products and services to our users. We offer a wide range of advertising and marketing solutions to customers ranging from large companies to SMEs, including social display advertisement and promoted marketing offerings. Our native promoted marketing offerings allow customers to reach a targeted audience based on the social interest graph, or SIG, of our users. In addition, our customers can benefit from the potential viral effect of their promoted feeds generated from the public and distributed nature of our platform, commonly known as “earned media.”

Platform Partners. We have attracted a large number of platform partners, including organizations with media rights, MCNs, self-medias and app developers. Our platform partners contribute a vast amount of content to Weibo, broadly distribute Weibo content across their properties and integrate products and applications with our platform, enriching the experience of our users while increasing our monetization opportunities.

While we distinguish among users, customers and platform partners in classifying our products and analyzing our revenues, the same person or organization may simultaneously be included in two or more of the categories.



   Company Address: 8/F, QIHAO Plaza Beijing 100027
   Company Phone Number: 5898-3095   Stock Exchange / Ticker: NASDAQ WB
   WB is expected to report next financial results on April 26, 2024.


Customers recorded net loss Customers recorded net loss



• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

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Phi Group Inc

Phi Group Inc Faces Financial Challenges: Q4 2023 Report Reveals Declining Revenue and Net Shortfall



Phi Group Inc, an Internet Services and Social Media company, has recently released its financial report for the October to December 31, 2023 period. The results are nothing short of abysmal, indicating a significant decline in revenue and net shortfall compared to the previous year. Moreover, the substantial stock price drop in March 2024 and the stock's continuous decline over the past year are alarming signs of an underlying issue. This article aims to delve into the reasons behind Phi Group Inc's dismal performance and provide insight into the bearish outlook for the company.
1. Declining Revenue and Net Shortfall:
Phi Group Inc revealed only $0.005 million in revenue for the October to December 31, 2023 span. This figure signifies a worrisome decline compared to previous periods, creating doubts about the company's ability to generate consistent income. Adding to this concern is the substantial net shortfall of $-1.712 million, which is significantly larger than the $-0.617 million reported a year ago. This indicates that Phi Group Inc is struggling to effectively manage its financial resources, leading to significant losses.

Gan Limited

Gan Limited Faces Challenges as Fourth Quarter 2023 Earnings Show Decrease in Revenue

Gan Limited, a leading North American B2B technology provider and International B2C operator in the gaming industry, has reported its unaudited financial results for the quarter and year ended December 31, 2023. The results show a decrease in revenue compared to the previous year, but also highlights the company's efforts to reduce its deficit per share and its growth potential under new leadership.
In the financial interval ending December 31, 2023, Gan Limited reported a loss of $0.21 per share, an improvement from $3.45 loss per share in the previous year. However, there was a slight increase in deficit from $0.18 per share in the prior reporting season. The company's revenue also declined by 16.867% to $30.72 million from $36.95 million in the comparable reporting season a year ago, but sequentially it saw a 3.012% surge from $29.82 million.

System1 Inc

System1 Inc Faces Financial Challenges in Fourth Quarter of 2023

System1 Inc, an omnichannel customer acquisition marketing platform, recently released its financial report for the fourth quarter of 2023. The company experienced a significant decrease in its returns, with a loss of $0.31 per share compared to a gain of $0.92 per share in the previous year. This decline follows a loss of $1.40 per share in the prior financial reporting period. Likewise, the company's net loss for the period from October to December 2023 amounted to $34.955 million, contrasting with net proceeds of $97.676 million in the same period the year before.
Operating earnings also took a hit, falling by 92.26% to $8.773 million, resulting in a considerable decrease in System1 Inc's operating margin from 94.54% in the fourth quarter of 2022 to -934.29%. The company's accounts receivable declined to $56.1 million, which some analysts attribute to slowing demand.

Rackspace Technology Inc

Rackspace Technology Inc. Takes Bold Steps to Strengthen Financial Position Amid Revenue Decline



In a recent update, Rackspace Technology, a leading end-to-end hybrid, multicloud, and AI solutions company, has made significant announcements regarding offers to eligible holders for the exchange and funding of its existing senior secured notes. These strategic moves aim to enhance the company's financial position and support its growth objectives, assuring investors of a sound future despite some recent turbulent financial results.
Financial Performance:
Despite a decline in revenue during the fiscal fourth quarter of 2023, Rackspace Technology managed to achieve a remarkable turnaround by posting an impressive earnings per share (EPS) of $0.13, as opposed to a previous $-1.00 deficit. In comparison to the same quarter the previous year, revenue deteriorated by 8.513% to $720.00 million from $787.00 million. It is important to note that this drop in top-line revenue is in contrast to the rest of the Internet Services and Social Media industry, which witnessed a revenue rise during the same period.

Baidu Inc

Baidu Inc. Surpasses Expectations with Strong Fourth Quarter Performance

The financial results for the October to December 31, 2023 period for Baidu Inc showcase a strong performance with a significant increase in both revenue and net earnings. The company reported a revenue growth of 5.728% to $18.96 billion compared to $17.93 billion in the same quarter a year ago. Additionally, the bottom-line saw a remarkable increase of 178.02% to $3,036.000 million from $1,092.000 million in the previous year.
Moreover, Baidu Inc highlighted the improvement in profit margins, with the net margin rising to 16.01% and the operating margin edging up to 16.24%. Although the operating earnings improved by 33.42% to $3,078 million, the top-line rise was slightly below the industry average at 15.44%.






 

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