Bilibili Q1 Adj EPADS $(0.15) Beats $(0.17) Estimate, Sales $784.50M Miss $794.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
Bilibili reported its Q1 earnings with an adjusted EPADS of $(0.15), beating the estimate of $(0.17). However, its sales of $784.50 million missed the estimate of $794.20 million.
May 23, 2024 | 10:03 am
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Bilibili's Q1 earnings report showed a better-than-expected adjusted EPADS of $(0.15), beating the $(0.17) estimate. However, sales fell short at $784.50 million compared to the $794.20 million estimate.
The better-than-expected adjusted EPADS is a positive sign, but the miss on sales could offset this positive impact. The mixed results are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100