New Street Research - Bilibili Inc. Sponsored ADR Class Z (BILI) BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

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New Street Research

Jin Yoon

BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

What’s new: Bilibili’s reported 2Q24 results that were above consensus and our expectations partly driven by gaming. Gaming could accelerate to high-double digit YoY growth in 3Q partly driven by San Mou. We maintain our PT at USD 20.

Analysts:
Jin Yoon

23/08/2024 1 EN

Underlying

Bilibili Inc. Sponsored ADR Class Z

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US0900401060 NASDAQ Stock Market Cayman Islands

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Analysts

Jin Yoon

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Bilibili Inc. to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024

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BILI 2Q24 Results: Rev Growth to Accelerate in 3Q Driven by Gaming

Bilibili Inc. to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024

Bilibili Inc. Announces Repurchase Right Notification for 0.50% Convertible Senior Notes due 2026

BILI 3Q24 Preview: Gaming Could Remain Resilient Heading into 4Q

STNE US (Neutral, TP: R$15, +40%) Q3 24 - Promising pricing; PIX and real-time update in Brazil

IHS Towers (Buy, TP: $6, +140%) Q3 24: Solid quarter, lower capex guide; still waiting for the strategic review – Call feedback included

Tokyo Electron 2FQ25: China declining; 2025 outlook still positive; we are cautious. Neutral, ¥24,300.

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