The second quarter financial results of Bilibili (NASDAQ: BILI) will be revealed on Thursday 22nd August 2024. The big news will come out before market open, so investors can learn more about how the company is doing financially.
According to the predictions of financial experts on Wall Street, the concern is set to unveil an estimated $0.11 loss per share for the quarter. Additionally, the company is expected to report a total revenue of $851.35 million for the specific period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share loss of $0.32. This numbers can be credited to the company's total revenue, which amounted to an impressive $731.5 million during the same quarter.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $3.65 billion. Additionally, they expect the company to reach loss of $0.14 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $-0.15 | +59.5% | 784.50 M | +6.3% |
| Q4 2023 | $-0.19 | +60.4% | 894.30 M | +0.4% |
| Q3 2023 | $-0.29 | +54.0% | 795.70 M | -2.3% |
| Q2 2023 | $-0.32 | +56.8% | 731.50 M | -0.2% |
*Growth on year-over-year basis
Wednesday's trading saw Bilibili (BILI) shares hit a low of $13.65 and a high of $14.09, with a day volume of 4.44 million shares. The stock closed the regular trading session at $14.02, reflecting 0.50 percent increase.
