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Weibo Corp. Q4 adjusted earnings Beat Estimates

Weibo Corp. (WB) revealed a profit for its fourth quarter that advanced from last year.

The company's bottom line totaled $166.51 million, or $0.73 per share. This compares with $130.98 million, or $0.58 per share, in last year's fourth quarter.

Excluding items, Weibo Corp. reported adjusted earnings of $183.59 million or $0.80 per share for the period.

Analysts had expected the company to earn $0.75 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 27.7% to $481.88 million from $377.45 million last year.

Weibo Corp. earnings at a glance:

-Earnings (Q4): $183.59 Mln. vs. $145.98 Mln. last year.
-EPS (Q4): $0.80 vs. $0.64 last year.
-Analysts Estimate: $0.75
-Revenue (Q4): $481.88 Mln vs. $377.45 Mln last year.

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