Bilibili Inc. (NASDAQ:BILI) is reporting third quarter earnings results on Wednesday 18th November 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.37 per share.
For the full year, analysts predict revenues of $ 1703.00 million, while looking forward to loss of $ 1.11 per share.
Previous Quarter Performance
Bilibili Inc. unwinded loss for the second quarter of $ 0.19 per share, from the revenue of $ 370.50 million. The quarterly revenues elevated 68.62 percent compared with the same quarter last year. Street analysts expected Bilibili Inc. to report loss of $ 0.22 per share on revenue of $ 368.47 million for the second quarter. The bottom line results beat street analysts by $ 0.03 or 13.64 percent, at the same time, top line results outshined analysts by $ 2.03 million or 0.55 percent.
Stock Performance
Shares of Bilibili Inc. traded up $ 0.00 or 0.00 percent on Tuesday, reaching $ 50.05 with volume of 3.83 million shares. Bilibili Inc. has traded high as $ 51.10 and has cracked $ 49.07 on the downward trend
According to the previous trading day, closing price of $ 50.05, representing a 229.71 % increase from the 52 week low of $ 15.18 and a 7.31 % decrease over the 52 week high of $ 54.00.
The company has a market capital of $ 17.29 billion and is part of the Technology sector and Internet Content & Information industry.
Conference Call
Bilibili Inc. will be hosting a conference call at 8:00 PM eastern time on 18th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bilibili.com
Bilibili Inc. provides online entertainment services for the young generations in the Peoples Republic of China. It offers a platform that covers a range of genres and media formats, including videos, live broadcasting, and mobile games.
