SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported a loss of $104.5 million in its first quarter.
The Shanghai-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 15 cents per share.
The Chinese video sharing website posted revenue of $791.2 million in the period.
Bilibili shares have climbed 29% since the beginning of the year. The stock has decreased 17% in the last 12 months.
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