The loss reduction exceeded expectations, bilibili (BILI.US/9626.HK) is about to turn profitable.
After the end of May this year, bilibili (NASDAQ: BILI, HKEX:9626; hereinafter referred to as "B station") released a higher quality report after the Hong Kong stock market on August 22, bringing some warmth to the currently sluggish financial market! Compared to the previous quarter, the accelerated reduction of losses should be the biggest highlight of this quarter's financial report. The main reason for this is the speed-up of platform commercialization and the cost reduction and efficiency improvement brought by the game strategy transformation. At this pace, it is almost certain that the next quarter will turn losses into profits. In addition, thanks to a significant improvement in profitability, the operation cash flow of B station this quarter also
Express News | Bilibili : Bernstein Raises Target Price to $13 From $12
Bilibili ADRs Target Price Cut to $16.00 From $18.00 by Citigroup>BILI 9626.HK
Ping An Securities: The supply side of the movie theater line sector is gradually recovering, and the gaming sector may usher in a new round of product cycle.
With the encouragement and support of national policies, the gaming and IP reserve products are abundant, and the gaming sector may usher in a new product cycle.
Bilibili Raised to Outperform From Hold by Daiwa >BILI 9626.HK
According to Sensor Tower, a total of 35 Chinese companies made it to the top 100 global mobile game publishers list in July, collectively earning a total of $2 billion.
On August 23rd, Sensor Tower released the global revenue ranking of Chinese mobile game publishers in July 2024.
