SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Tuesday reported a loss of $1.3 million in its first quarter.
On a per-share basis, the Shanghai-based company said it had a loss of less than 1 cent. Earnings, adjusted for one-time gains and costs, were 12 cents per share.
The Chinese video sharing website posted revenue of $963 million in the period.
Bilibili shares have dropped almost 1% since the beginning of the year. The stock has increased roughly 8% in the last 12 months.
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