Oxford Lane Cap (NASDAQ:OXLC) reported quarterly earnings of $0.31 per share. This is a 29.55 percent decrease over earnings of $0.44 per share from the same period last year.
Weibo Plays With the Big Boys in Numbers, But Investors Still Worry
Key takeaways:
Weibo’s revenue rose above pre-pandemic levels last year, but its profitability lagged due to heavy spending
The company trails Meta in its ability to monetize users, and is very much in the shadow of local rival WeChat in terms of total user numbers
By Ken Lo
