Recap: Bilibili Q1 Earnings

Bilibili (NASDAQ:BILI) reported its Q1 earnings results on Thursday, June 1, 2023 at 06:00 AM. Here’s what investors…

Bilibili (NASDAQ:BILI) reported its Q1 earnings results on Thursday, June 1, 2023 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Bilibili beat estimated earnings by 9.76%, reporting an EPS of $-0.37 versus an estimate of $-0.41.

Revenue was down $59.10 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 4.82% increase in the share price the next day.

Here’s a look at Bilibili’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.51 -0.65 -0.64 -0.62
EPS Actual -0.48 -0.63 -0.74 -0.66
Revenue Estimate 886.72M 797.03M 709.40M 757.62M
Revenue Actual 890.60M 814.50M 732.90M 797.30M

To track all earnings releases for Bilibili visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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