Bilibili Q1 Adj EPS $(0.37) Beats $(0.41) Estimate, Sales $738.20M Beat $729.31M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bilibili reported Q1 adjusted EPS of $(0.37), beating the $(0.41) estimate, and sales of $738.20M, surpassing the $729.31M estimate. This represents a 43.94% increase in EPS and a 7.41% decrease in sales compared to the same period last year.
June 01, 2023 | 10:02 am
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Bilibili's Q1 adjusted EPS and sales beat estimates, with a 43.94% increase in EPS and a 7.41% decrease in sales YoY.
Bilibili's Q1 results show a significant improvement in adjusted EPS, beating analyst estimates by 9.76%. However, sales decreased by 7.41% compared to the same period last year. The better-than-expected EPS is likely to have a positive short-term impact on BILI's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100