Weibo Corp (WB – Q3FY20) – Weibo sees recovery in Q3, but disappointing guidance.

The company’s  monthly active users were 511 million in September 2020, a net addition of ~14 million users on a Y/Y basis. Mobile MAUs represented ~94% of MAUs. Average daily active users (“DAUs”) were 224mn in September 2020, a net addition of ~8 million users on Y/Y basis.

Executive Summary

Financial Statements

– Income Statement and Forecast
– Balance Sheet
– Cash Flow
– Q3FY20 Results
– Nine Months Performance
– Guidance and Conclusion
– GAAP and Non-GAAP Reconciliation

Historical Performance

– Key Ratios
– Profitability Ratios, Asset Turnover Ratio, Growth Ratio
– P/E Bands
– Per share data

Product Performance and Key Developments

– Ownership
– Competitors

Valuation and Consensus Performance

– Relative Valuation
– Analyst Recommendations

Market Price Performance

CrispIdea Stock Coverage

No of Pages : 33