Preview: Weibo's Earnings
Earnings Week Ahead: NVDA, WMT, SNOW, TGT, BIDU, NIO, ZIM, and More
Citi Maintains Weibo(WB.US) With Buy Rating, Maintains Target Price $12
Earnings Preview: Weibo to Report Financial Results Pre-market on November 19
$Weibo(WB.US)$ is scheduled to release its financial results pre-market on November 19 ET. Earnings PreviewAnalysts estimate $Weibo(WB.US)$ to post revenue of USD435.98M for 2024Q3, down 1.4% YoY;
Weibo (WB.US) anti-corruption report, 17 people have been dismissed and will never be hired since 2021.
Weibo (WB.US) released an anti-corruption report. As of 2021, the Compliance and Supervision Department has discovered and dealt with 9 cases of employee corruption, with 17 people having their labor contracts terminated, 10 of whom were transferred to judicial authorities for suspected crimes. The company also attached a list of entities permanently ineligible for cooperation added since 2021, involving 13 companies.
Weibo reports 9 cases of employee fraud: 10 individuals have been transferred to judicial authorities on suspicion of committing crimes.
"Weibo spokesperson" released an anti-corruption notice: Weibo attaches great importance to lawful operation, with the "Employee Code of Conduct" and "Conflict of Interest Avoidance Guidelines" as the basic system, focusing on strengthening internal compliance advocacy and improving the reporting channels as the main means, increasing efforts to combat acts such as commercial bribery and embezzlement, and practicing the business philosophy of "integrity, openness, and fairness".