(BILI) – Bilibili Shares Drop After Blended Q3 Outcomes

  • Bilibili Inc (NASDAQ: BILI) reported third-quarter FY21 income progress of 61{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} year-on-year to $808 million (RMB5.2 billion), lacking the consensus of $811.5 million.
  • Drivers: Common month-to-month energetic customers (MAUs) elevated 35{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to 267.2 million, and Cellular MAUs rose 36{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to 249.9 million.
  • Common each day energetic customers (DAUs) climbed 35{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to 72.1 million, and Common month-to-month paying customers (MPUs) jumped 59{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to 23.9 million.
  • Revenues from cellular video games have been $216 million, up 9{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y, VAS grew 95{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to $296.3 million, promoting jumped 110{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to $181.9 million. E-commerce revenues elevated 78{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} Y/Y to $113.9 million.
  • Adjusted EPS lack of $(0.65) beat the consensus lack of $(0.68).
  • Bilibili held $3.8 billion in money and equivalents.
  • “We imagine we’re on the suitable path to realize our near- and long-term targets, fortified by our sturdy fundamentals, wholesome stability sheet and ample money reserves of RMB24.4 billion,” stated CFO Sam Fan.
  • Outlook: Bilibili sees This fall revenues of RMB5.7 billion – RMB5.8 billion.
  • Value Motion: BILI shares traded decrease by 7.21{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52} at $82.6 within the premarket session on the final examine Wednesday.

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