Bilibili Shares Leap on Better-Than-Anticipated Q1 Earnings and Revenue
Bilibili (NASDAQ:BILI) on Tuesday reported first-quarter earnings and revenue that topped analyst expectations, pushing its shares 6% higher in U.S. premarket trading.
The Chinese video sharing platform reported earnings per share (EPS) of RMB0.85, surpassing consensus estimates of RMB0.52. Revenue for the period surged 24% year-over-year to RMB7 billion, also above the RMB6.91 billion estimated by analysts.
“We kicked off 2025 with strong financial results and healthy community metrics in the first quarter,” said Mr. Rui Chen, Chairman and CEOof Bilibili. “Our DAUs reached 107 million, while MAUs hit a new high of 368 million."
Advertising revenue in the quarter rose 20% year-on-year to RMB2 billion (US$275.3 million), while revenue from mobile games surged 76% to RMB1.73 billion (US$238.6 million).
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