Streetbeat News

BILI

Bilibili Inc.

https://www.bilibili.com

Industry

Electronic Gaming & Multimedia

Bilibili Inc. provides online entertainment services for the young generations in the People's Republic of China. Its platform offers a range of content, including video services, mobile games, and value-added service, as well as ACG-related comic and audio content. The company's video services include professional user generated videos, occupationally generated videos, and live broadcasting. Bilibili Inc. was founded in 2009 and is headquartered in Shanghai, the People's Republic of China.

Open

23.49

Mkt cap

10B

Volume

7.4M

High

24.39

P/E Ratio

-17.74

52-wk high

31.77

Low

23.27

Div yield

N/A

52-wk low

8.80

The S&P 500 reached new highs, driven by Fed Chair Powell's hints at potential rate cuts. Nvidia surpassed $900, and Bitcoin neared record levels. The Roundhill Magnificent Seven ETF and specific stocks like Meta Platforms and Nvidia showed significant gains. Treasury yields fell, and the dollar weakened. The ECB maintained interest rates, with President Lagarde emphasizing independence from the Fed. Gold hit new highs, and major US indices and ETFs saw varied performance. Several companies experienced notable stock movements due to earnings reports and other news.

Portfolio Pulse from Piero Cingari

March 07, 2024 | 6:32 pm

Bilibili Inc (NASDAQ:BILI) reported Q4 fiscal 2023 revenue of $894.3 million, a 3% increase Y/Y, surpassing consensus estimates. Despite beating EPS estimates with a smaller loss than expected, BILI's stock price dropped. The company saw growth in DAUs, mobile games, and VAS revenues, but a significant decline in IP derivatives and e-commerce revenues. Bilibili ended the year with $2.1 billion in cash. Exposure to BILI can be gained through ETFs like HERO and GAMR.

Portfolio Pulse from Anusuya Lahiri

March 07, 2024 | 2:29 pm

In Thursday's pre-market session, several communication services stocks showed significant movement. Lytus Technologies (LYT) led the gainers with a 218.2% increase, while AirNet Technology (ANTE) led the losers with a 6.7% decrease. Other notable movers include Brera Holdings (BREA), MultiMetaVerse Holdings (MMV), and Bilibili (BILI), which reported Q4 earnings.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 1:06 pm

Bilibili shares are trading lower following the announcement of their Q4 results.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 12:03 pm

U.S. stock futures are up, driven by hopes of Fed rate cuts and Jerome Powell's dovish comments. NYCB's bailout and job market indicators are in focus. S&P 500 ETF (SPY) and Invesco QQQ ETF (QQQ) rose in premarket trading. Companies like VSCO, ABM, AEO, BILI, BJ, BURL, CIEN, FCEL, KR, BBAI, AVGO, DOCU, COST, GPS, IOT, SWBI, MDB, RIVN, and PLTR are highlighted for their stock movements or upcoming earnings reports.

Portfolio Pulse from Shanthi Rexaline

March 07, 2024 | 11:43 am

Bilibili reported Q4 adjusted EPS of $(0.19), surpassing the $(0.22) estimate, and sales of $894.30M, exceeding the $887.26M estimate. This represents a significant improvement over the previous year, with a 60.42% decrease in losses per share and a slight 0.42% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

March 07, 2024 | 10:05 am

Numerous companies are scheduled to report their quarterly earnings on March 7, 2024, with a mix of projected earnings and losses across various sectors. Notable mentions include CI&T, Stevanato Gr, ABM Industries, Bilibili, BJ's Wholesale Club, Burlington Stores, and many others, indicating a significant day for investors to monitor potential market movements.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:49 am

Box, Inc. reported better-than-expected fourth-quarter EPS and announced a $100 million expansion of its stock repurchase program, leading to a 7.3% rise in its shares. Other companies like TRxADE HEALTH, American Public Education, and Dada Nexus also saw significant gains following positive financial results or announcements. Notably, MicroStrategy's shares rose 10% after a previous day's 21% drop due to a proposed convertible senior notes offering.

Portfolio Pulse from Avi Kapoor

March 06, 2024 | 4:45 pm

Shares of Chinese companies are trading higher after JD.com reported better than expected financial results for Q4. This positive sentiment has also impacted other Chinese firms listed in the US, such as Alibaba, Baidu, and Bilibili.

Portfolio Pulse from Benzinga Newsdesk

March 06, 2024 | 3:43 pm

Bilibili (NASDAQ:BILI) is scheduled to release its quarterly earnings report on March 7, 2024, with an estimated EPS of $-0.22. The company's past earnings performance shows a pattern of not meeting EPS estimates, leading to negative stock price reactions. Shares are currently trading at $10.16, marking a 40.28% decline over the last year. Investors are looking for positive guidance for the next quarter to potentially influence the stock's performance.

Portfolio Pulse from Benzinga Insights

March 06, 2024 | 3:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.