SHANGHAI (AP) _ Bilibili Inc. (BILI) on Thursday reported a loss of $303.9 million in its second quarter.

On a per-share basis, the Shanghai-based company said it had a loss of 77 cents. Losses, adjusted for one-time gains and costs, were 75 cents per share.

The Chinese video sharing website posted revenue of $743.2 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $736.2 million.

For the current quarter ending in September, Bilibili said it expects revenue in the range of $847.9 million to $878.1 million.

Bilibili shares have declined 49% since the beginning of the year. The stock has declined 74% in the last 12 months.

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