SHANGHAI (AP) _ Bilibili Inc. (BILI) on Monday reported a loss of $27.6 million in its first quarter.
On a per-share basis, the Shanghai-based company said it had a loss of 9 cents. Losses, adjusted for stock option expense and non-recurring costs, were 7 cents per share.
The Chinese video sharing website posted revenue of $203.5 million in the period.
For the current quarter ending in July, Bilibili said it expects revenue in the range of $214.9 million to $220.8 million.
Bilibili shares have risen 11% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.21, an increase of 41% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BILI at https://www.zacks.com/ap/BILI