Bilibili Q1 Earnings: Reflecting On The 'Sell' Quant Rating
Bilibili's stock has dropped below $20 after peaking at $35 in January. Despite impressive advertising revenue, overall growth remains subdued at 7% year-over-year. Analysts express concerns over the company's reliance on gaming and the sluggish performance of major Chinese tech firms.
- ▪Bilibili's stock fell from a peak of $35 to below $20.
- ▪The company reported advertising revenue of CNY2.6 billion in the latest quarter.
- ▪Overall revenue growth for Bilibili is only 7% year-over-year.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://seekingalpha.com/"},{"@type":"ListItem","position":2,"name":"Earnings Analysis","item":"https://seekingalpha.com/earnings/earnings-analysis"},{"@type":"ListItem","position":3,"name":"Communication Services","item":"https://seekingalpha.com/stock-ideas/communication-services"}]}{"@context":"https://schema.org","@type":"NewsArticle","mainEntityOfPage":{"@type":"WebPage","@id":"https://seekingalpha.com/article/4907594-bilibili-q1-earnings-reflecting-on-the-sell-quant-rating"},"author":{"@type":"Person","name":"Michael…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Seeking Alpha.
Discussion
0 commentsMore from Seeking Alpha
