Bilibili Inc. reported a fiscal fourth-quarter revenue of $1.06 billion, reflecting a 22% yearly increase and performing nearly in line with analyst estimates. The company's adjusted EPADS surpassed expectations, leading to a notable rise in stock price. With 103 million daily active users and significant growth in mobile gaming revenues, total revenues benefited from enhanced advertising efficiency. The CEO expressed optimism regarding leverage of AI advancements for future growth, while the CFO pointed out the profitability of advertising and mobile game sectors as key drivers of success.
Bilibili Inc. reported a 22% year-on-year revenue increase to $1.06 billion, with higher daily and monthly active users contributing to the overall growth.
CFO Sam Fan emphasized that the strong growth in mobile games and advertising led to a significant bump in total net revenues, exceeding analyst expectations.
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