Bilibili Third Quarter 2023 Earnings: EPS Misses Expectations

Bilibili (NASDAQ:BILI) Third Quarter 2023 Results

Key Financial Results

• Revenue: CN¥5.81b (flat on 3Q 2022).
• Net loss: CN¥1.35b (loss narrowed by 21% from 3Q 2022).
• CN¥3.26 loss per share (improved from CN¥4.34 loss in 3Q 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bilibili EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 23%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Entertainment industry in the US.

Performance of the American Entertainment industry.

The company's shares are down 19% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Bilibili you should know about.

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