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Bilibili's Q4 Adjusted Loss Narrows, Revenue Increases

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Bilibili's Q4 Adjusted Loss Narrows, Revenue Increases

Mar 7, 2024 4:03 AM

06:47 AM EST, 03/07/2024 (MT Newswires) -- Bilibili ( BILI ) posted a Q4 adjusted loss Thursday of 1.34 Chinese renminbi ($0.19) per diluted American depositary share, compared with a loss of 3.31 renminbi a year earlier.

Analysts polled by Capital IQ expected an adjusted loss of 1.57 renminbi.

Revenue for the quarter ended Dec. 31 was 6.35 billion renminbi, up from 6.14 billion renminbi a year earlier.

Analysts surveyed by Capital IQ expected 6.32 billion.

Bilibili ( BILI ) declined more than 7% in recent premarket activity on Thursday.

Price: 9.99, Change: -0.82, Percent Change: -7.59

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