Bilibili Inc. (NASDAQ:BILI) reported fiscal second-quarter results that topped earnings expectations and highlighted solid growth across core revenue streams on Thursday.
Revenue rose 20% year-over-year to $1.02 billion (7.34 billion yuan), in line with analyst forecasts. Adjusted earnings per ADS came in at 19 cents, more than double the consensus estimate of 8 cents.
Bilibili Chairman and CEO Rui Chen highlighted that daily active users grew by 7%, monthly active users rose by 8%, and monthly paying users increased by 9% Y/Y. Users also spent an average of 105 minutes daily, six minutes more than …