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Apex Trader Funding (ATF) - News

Bilibili's DAUs Surge 9%, CEO Highlights Community Growth Despite Missed Revenue Estimates

Bilibili Inc (NASDAQ:BILI) reported fiscal first-quarter 2024 revenue of $784.5 million (5.66 billion Chinese yuan), up by 12% year-on-year, missing the analyst consensus estimate of $794.2 million.  The Chinese video-sharing platform's adjusted EPADS loss of $(0.15) beat the analyst consensus loss estimate of $(0.17). The stock price slid after the results. Drivers: Average daily active users (DAUs) climbed 9% Y/Y to 102.4 million. Revenues from mobile games were $136.1 million, down 13% Y/Y, mainly due to ...