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.