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    BILI   US0900401060

BILIBILI INC.

(BILI)
  Report
Delayed Nasdaq  -  04:00:00 2023-01-27 pm EST
27.78 USD   -0.86%
01/26Online Stocks Lead Asian Equities Modestly Higher
MT
01/17Dow falls on Goldman results, Tesla limits S&P 500 losses
RE
01/12Bilibili : Equity issuer - Form 6-K
PU
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Bilibili Stock Jumps 22% on Better-than-Expected 3Q Earnings

11/29/2022 | 11:53am EST

By Sabela Ojea


Shares of Bilibili Inc. jumped Tuesday after the Chinese video-sharing platform operator beat market expectations for the third quarter.

As of 11:25 E.T., shares were up roughly 22% to $15.41.

The online entertainment company posted a narrowed net loss and a rise in revenue for the quarter, both ahead of consensus estimates, according to FactSet.

Additionally, the company said it continues to expect further revenue growth for the fourth quarter, even if it would represent one of the company's slowest rates of top-line growth since going public in March 2021.

To protect its profitability, Bilibili noted it is cutting sales and marketing expenses amid China's weak consumer sentiment and slowing economy.

"We will continue to implement strict cost control measures, while actively managing our liabilities," Bilibili's Chief Financial Officer Sam Fan said.


Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix


(END) Dow Jones Newswires

11-29-22 1152ET

All news about BILIBILI INC.
01/26Online Stocks Lead Asian Equities Modestly Higher
MT
01/17Dow falls on Goldman results, Tesla limits S&P 500 losses
RE
01/12Bilibili : Equity issuer - Form 6-K
PU
01/12Bilibili Raises $400 Million from ADS Issue
MT
01/11Bilibili Inc. Announces Completion of Equity Offering
AQ
01/09Goldman Sachs Adjusts Price Target on Bilibili to $25.30 From $22.20, Maintains Neutral..
MT
01/09IT Firms, Game Operators Lead Asian Equities Sharply Higher
MT
01/09Bilibili Inc. Prices Notes Repurchases and Equity Offering
AQ
01/09Bilibili : EQUITY UNDERWRITING AND NOTES EXCHANGE AGREEMENT - Form 6-K
PU
01/09Bilibili : INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - Form 6..
PU
More news
Analyst Recommendations on BILIBILI INC.
More recommendations
Financials
Sales 2022 21 915 M 3 231 M 3 231 M
Net income 2022 -7 726 M -1 139 M -1 139 M
Net cash 2022 5 085 M 750 M 750 M
P/E ratio 2022 -9,71x
Yield 2022 -
Capitalization 77 247 M 11 388 M 11 388 M
EV / Sales 2022 3,29x
EV / Sales 2023 2,80x
Nbr of Employees 12 281
Free-Float 76,1%
Chart BILIBILI INC.
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Technical analysis trends BILIBILI INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 38
Last Close Price 188,44 CNY
Average target price 196,13 CNY
Spread / Average Target 4,08%
EPS Revisions
Managers and Directors
Rui Chen Chairman & Chief Executive Officer
Xu Yi Founder
Fan Xin Chief Financial Officer & Joint Secretary
Ni Li Vice Chairman & Chief Operating Officer
Feng Li Independent Director
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