Weibo's net income for fiscal year 2022 was $1.84 billion, down 19% from the same period last year.

CTOnews.com March 1 news, Weibo released this evening the fourth quarter of 2022 and full-year results.

Weibo's fourth-quarter net income was $448 million, down 27% from a year earlier; advertising and marketing revenue was $390.5 million, down 29% from a year earlier; revenue from value-added services was $57.5 million, down 12% from a year earlier; net profit attributable to Weibo shareholders was $141.9 million, or 60% per diluted share.

Weibo's net income for fiscal 2022 was $1.84 billion, down 19% from the same period a year earlier; advertising and marketing revenue was $1.6 billion, down 19% from a year earlier; revenue from value-added services was $239.7 million, down 13% from a year earlier; net profit attributable to Weibo shareholders was $85.6 million, or 36% per diluted share.

Weibo had 586 million monthly active users in December 2022, a net increase of about 13 million users over the same period last year. Mobile users account for 95% of the monthly active users. The average number of daily active users in December 2022 was 252 million, a net increase of about 3 million users over the same period last year.