Bilibili: Q1 Earnings Snapshot
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SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $91.7 million in its first quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 22 cents. Losses, adjusted for non-recurring gains, came to 37 cents per share.
The Chinese video sharing website posted revenue of $740.9 million in the period.
Bilibili expects full-year revenue in the range of $3.51 billion to $3.8 billion.
Bilibili shares have dropped 34% since the beginning of the year. The stock has declined 30% in the last 12 months.
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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
