SHANGHAI (AP) — SHANGHAI (AP) — Bilibili Inc. (BILI) on Thursday reported fourth-quarter net income of $73.5 million.
The Shanghai-based company said it had profit of 16 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 28 cents per share.
The Chinese video sharing website posted revenue of $1.19 billion in the period.
For the year, the company reported net income of $170.7 million, or 39 cents per share, swinging to a profit in the period. Revenue was reported as $4.34 billion.
Bilibili shares have risen 12% since the beginning of the year. The stock has risen 31% in the last 12 months.
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