Bilibili Stock Falls 7.2% After Earnings Report

Deep News
Aug 21

During early trading on Thursday in the US market, Bilibili Inc. (BILI) shares declined 7.2%. The company reported second-quarter non-GAAP earnings per share of $0.19, which exceeded profit expectations.

The company reported revenue growth of 21% year-over-year, primarily driven by an increase in daily active users. Bilibili Inc.'s strong performance reinforces its position as a leading platform for high-quality content and user engagement.

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