Aug. 22 at 5:08 PM
$BILI beats on earnings — is the rally just getting started? 🚀
Bilibili reported a non-GAAP EPS of 18 cents, topping estimates by 5.88%, while revenues soared to
$1.02 billion, surpassing expectations. In terms of RMB, revenues increased 20% YoY. The stock is already up 31.3% YTD, outpacing the Consumer Discretionary sector's 9.3% return.
Discover the full earnings breakdown here 👉 https://www.zacks.com/stock/news/2741780/bili-q2-earnings-beat-estimates-revenues-rise-on-segment-expansion?cid=sm-stocktwits-2-2741780-body-9187&ADID=SYND_STOCKTWITS_TWEET_2_2741780_BODY_9187