U.S. Markets open in 8 hrs 14 mins

Bilibili: 2Q Earnings Snapshot

SHANGHAI (AP) _ Bilibili Inc. (BILI) on Monday reported a loss of $45.9 million in its second quarter.

The Shanghai-based company said it had a loss of 14 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 11 cents per share.

The Chinese video sharing website posted revenue of $225.4 million in the period.

For the current quarter ending in October, Bilibili said it expects revenue in the range of $255.1 million to $259.5 million.

Bilibili shares have decreased almost 1% since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.50, an increase of 33% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BILI at https://www.zacks.com/ap/BILI