SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported third-quarter net income of $65.7 million, after reporting a loss in the same period a year earlier.
The Shanghai-based company said it had net income of 15 cents per share. Earnings, adjusted for one-time gains and costs, were 24 cents per share.
The Chinese video sharing website posted revenue of $1.07 billion in the period.
Bilibili shares have climbed 50% since the beginning of the year. The stock has risen 29% in the last 12 months.
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