• Reported GAAP EPS of $0.50 up 2600.00% YoY • Reported revenue of $7.47B up 6.69% YoY
Bullish
Bilibili saw average daily active users increase 8% and advertising revenues grow 30% year over year. The company achieved a net profit of RMB202M and expanded its gross profit margin to 37.1%.
Bearish
Bilibili faced revenue decreases in mobile games by 12% and IP derivatives by 4%, while exchange losses significantly increased to RMB74.56M in the first quarter.