Investing.com - Bilibili reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Bilibili announced earnings per share of -5.61 on revenue of 5.53B. Analysts polled by Investing.com EPS of -5.15 on revenue of 5.71B.
Bilibili 's are up 20% and is trading at 181.80 , still down 74.75% from its 52 week high of 720.00 set on Wednesday, September 8, 2021.
Bilibili follows other major Communication Services sector earnings this month
Bilibili's report follows an earnings beat by Tencent Holdings on Wednesday, August 17, 2022, who reported EPS of 2.9 on revenue of 134.03B, EPS of 2.55 on revenue of 134.3B.
NetEase had beat expectations on Thursday, August 18, 2022 with second quarter EPS of 1.89 on revenue of 26.74B, for EPS of 1.7 on revenue of 27.24B.
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