Weibo reported a net addition of approximately 70 million in MAUs year-on-year to reach 446 million in September 2018. Mobile MAUs represented 93% of total MAUs. DAUs had a net addition of approximately 30 million users year-on-year and reached 195 million.
Net revenue totaled US$460.2 million in Q3 2018, an increase of 44% year-on-year.
- Advertising and marketing revenues were US$409.3 million, an increase of 48% year-on-year. US$380.7 of that were from small & medium-sized enterprises and key accounts.
- Value-added service revenues were US$50.9 million, an increase of 18% year-on-year.
Net income attributable to Weibo was US$165.3 million, an increase of 63% year-on-year, and diluted net income per share was $0.73, compared to $0.45 for the prior year period.
Non-GAAP net income attributable to Weibo was US$171.8 million, an increase of 49% year-on-year. Non-GAAP diluted net income per share was $0.75, compared to $0.51 for the prior year period.
Adjusted EBITDA was US$192.8 million, an increase of 42% year-on-year, or 42% of net revenues, compared to 42% for the prior year period.
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