Weibo Earnings, Revenue Top, But Stock Falls

China internet company Weibo (WB) reported first-quarter earnings before the market open Wednesday that topped estimates. But Weibo stock fell.

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Weibo, a social media company with a website comparable to Twitter (TWTR), reported revenue of $349.88, up nearly 76% vs. a year earlier. That beat the consensus estimate of $342.4 million. It reported adjusted earnings of xx cents, missing/beating the consensus estimate of 47 cents.

Parent Sina (SINA) also topped first-quarter estimates early...

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