CITIC Securities released a research report stating that WB-SW (09898) achieved revenue of $445 million in Q2 FY25 (up 1.6% year-over-year, up 1% year-over-year in RMB terms), with Non-GAAP net profit of $143 million (up 13.4% year-over-year). The firm believes that with macroeconomic recovery and continuous optimization of products and services, the company's performance is expected to gradually improve, while high dividend payouts enhance shareholder returns. From a long-term perspective, Weibo as a major social media platform still holds unique value for users and brand clients, and the firm maintains its "Buy" rating.
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