SHANGHAI (AP) _ Bilibili Inc. (BILI) on Monday reported a loss of $75.6 million in its first quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 23 cents. Losses, adjusted for stock option expense and non-recurring costs, were 20 cents per share.
The Chinese video sharing website posted revenue of $327 million in the period.
For the current quarter ending in July, Bilibili said it expects revenue in the range of $353.1 million to $360.1 million.
Bilibili shares have increased 82% since the beginning of the year. In the final minutes of trading on Monday, shares hit $33.81, more than doubling in the last 12 months.