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

18.84

Mkt cap

7.6B

Volume

7.5M

High

18.95

P/E Ratio

-13.76

52-wk high

31.77

Low

18.06

Div yield

N/A

52-wk low

8.80

Bilibili reported Q2 adjusted EPS of $(0.32), beating the estimate of $(0.35) by 8.57%. This is a 56.76% increase over losses from the same period last year. The company's quarterly sales of $731.50M also beat the estimate of $726.38M by 0.70%, although this is a 0.19% decrease from last year's sales.

Portfolio Pulse from Benzinga Newsdesk

August 17, 2023 | 10:00 am

Bilibili (NASDAQ:BILI) is set to release its latest quarterly earnings report on August 17, 2023. Analysts estimate an earnings per share (EPS) of $-0.35. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $15.64, down 34.06% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 2:01 pm

Shares of Bilibili Inc - ADR (NASDAQ:BILI) are trading lower by 4.26% due to weak industrial production and retail sales data for July in China. The People's Bank of China's rate cut, indicating economic challenges, has escalated fears about the country's economic health. This could impact Bilibili's user engagement and advertising revenue. The central bank's decision to slash policy rates for the second time in three months could lead to a potential cut in China’s lending benchmark loan prime rate (LPR) in the coming week.

Portfolio Pulse from Henry Khederian

August 15, 2023 | 4:49 pm

Chinese stocks are trading lower due to weak industrial production and retail sales data for July. The People's Bank of China's rate cut has also escalated fears about the country's economic health.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 2:33 pm

Chinese stocks are trading lower due to concerns in the property sector, recent US investment curbs, and worries of a slow economic rebound.

Portfolio Pulse from Benzinga Newsdesk

August 11, 2023 | 2:46 pm

Chinese stocks are trading lower due to weaker-than-expected July export data. Stocks mentioned include Alibaba (BABA), KE Holdings (BEKE), Baidu (BIDU), JD.com (JD), and Pinduoduo (PDD).

Portfolio Pulse from Bill Haddad

August 08, 2023 | 3:13 pm

Chinese stocks are trading higher after a dip on Wednesday, following reports of an expansion in China's service activity in July. State media suggests that the wealth effect from stock investing gains could boost consumer income growth.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 2:04 pm

Chinese internet and tech stocks are trading lower following the proposal of draft rules by the Cyberspace Administration of China that would limit the daily phone time of minors. This includes stocks such as BABA, BIDU, BILI, JD, PDD, WB.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 11:31 am

Chinese stocks are experiencing a downturn following recent gains driven by stimulus hopes. The stocks mentioned include BGNE, BILI, BZ, JD, NIO, QFIN, YUMC.

Portfolio Pulse from Benzinga Newsdesk

August 04, 2023 | 10:04 am

The article lists the stocks that gained and lost the most during Friday's mid-day trading session. Among the gainers were Unique Fabricating, Reata Pharmaceuticals, and Bluejay Diagnostics, while the losers included Tonix Pharmaceuticals, Sleep Number Corporation, and Femasys Inc. Avantor shares fell by 9.9% due to worse-than-expected Q2 financial results.

Portfolio Pulse from Lisa Levin

July 28, 2023 | 5:07 pm

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