Bilibili Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS In Line

Bilibili (NASDAQ:BILI) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥7.31b (up 26% from 3Q 2023).
• Net loss: CN¥79.5m (loss narrowed by 94% from 3Q 2023).
• CN¥0.19 loss per share (improved from CN¥3.26 loss in 3Q 2023).

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

Bilibili Revenues Beat Expectations

Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) was mostly in line with analyst estimates.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

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

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Bilibili, and understanding this should be part of your investment process.

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