Reported 2 days ago
Bilibili Inc. (NASDAQ:BILI) experienced an 8.28% surge in its stock price, closing at $21.06, driven by a positive outlook from Zacks Research, which cites significant improvements in earnings predictions. The company's net loss for Q1 was reduced by 99%, while revenues rose by 25%. Analysts project earnings per share of $0.16 for the current quarter, indicating a remarkable 277.78% increase from last year.
Source: YAHOO