HERO - Bilibili's DAUs Surge 9% CEO Highlights Community Growth Despite Missed Revenue Estimates | Benzinga
Bilibili Inc (NASDAQ:BILI) reported fiscal first-quarter 2024 revenue of $784.5 million (5.66 billion Chinese yuan), up by 12% year-on-year, missing the analyst consensus estimate of $794.2 million.
The Chinese video-sharing platform's adjusted EPADS loss of $(0.15) beat the analyst consensus loss estimate of $(0.17). The stock price slid after the results.
Drivers: Average daily active users (DAUs) climbed 9% Y/Y to 102.4 million.
Revenues from mobile games were $136.1 million, down 13% Y/Y, mainly due to ...