Bilibili: 3Q Earnings Snapshot
Posted November 18, 2020 6:22 pm.
Last Updated November 18, 2020 6:24 pm.
This article is more than 5 years old.
SHANGHAI (AP) _ Bilibili Inc. (BILI) on Wednesday reported a loss of $156.4 million in its third quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 45 cents. Losses, adjusted for stock option expense and non-recurring costs, were 41 cents per share.
The Chinese video sharing website posted revenue of $466.2 million in the period.
For the current quarter ending in December, Bilibili said it expects revenue in the range of $520.3 million to $534.8 million.
Bilibili shares have more than doubled since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $47.85, nearly tripling in the last 12 months.
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The Associated Press
