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What Drove Weibo’s Net Margin in Q2 2018?

Amanda Lawrence
What Drove Weibo’s Net Margin in Q2 2018?

Weibo’s (WB) net income expanded 80% YoY to $156.1 million in the second quarter of 2018. Weibo also succeeded in reducing its costs and expenses as a percentage of revenue. The operating margin had significantly influenced net margin.