BILI 3Q24 Results: Gaming to Remain Resilient in 4Q
What’s new: Bilibili’s reported 3Q24 results that were above consensus and our expectations partly driven by gaming. Gaming could continue to grow by high-double digit YoY in 4Q partly driven by San Mou. Margins could also further improve in 4Q partly driven by favorable rev mix and continued cost controls. We maintain our PT at USD 25.Analysts:
Jin Yoon
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