Weibo Corporation announced its unaudited financial results for the first quarter ended March 31, 2025, reporting total net revenues of $396.9 million. This figure represents a 0.34% increase year-over-year, or 1% on a constant currency basis, and surpassed the analyst consensus estimate of $394.2 million. The company demonstrated stable top-line performance.
The company reported an adjusted earnings per share (EPS) of $0.45, exceeding the analyst consensus estimate of $0.38. Advertising and marketing revenues were $339.1 million, remaining flat year-over-year, while value-added services (VAS) revenues increased by 2% to $57.8 million. This indicates a mixed performance in revenue segments.
Weibo reported growth in its user base, with Monthly Active Users (MAUs) reaching 598 million in March 2025, up from 593 million year-over-year. Average Daily Active Users (DAUs) also increased to 259 million from 255 million. CEO Gaofei Wang highlighted that the MAUs of the AI-powered intelligent search product surpassed 30 million in March 2025, showcasing the impact of AI initiatives on user engagement.
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