Shithead (card game)

Bilibili Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 17, 2023

SHANGHAI, China, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SHANGHAI, China, Aug. 17, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2023.
  • “We accomplished substantial gross profit improvement and notable losses reduction in the second quarter,” said Mr. Rui Chen, chairman and chief executive officer of Bilibili.
  • Through the dedicated execution of our strategies, our advertising revenues increased by 36% year-over-year in the second quarter of 2023.
  • Our gross profit increased significantly by 66% year-over-year, driving our gross profit margin improved to 23% in the second quarter.

Duolingo Reports 62% DAU Growth, 44% Revenue Growth, and Stronger Profitability in Second Quarter 2023; Raises Full Year Guidance

Retrieved on: 
Tuesday, August 8, 2023

PITTSBURGH, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the second quarter ended June 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.

Key Points: 
  • PITTSBURGH, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the second quarter ended June 30, 2023 in a shareholder letter that is posted at investors.duolingo.com.
  • “We delivered exceptional results this quarter, with our continued strong user growth helping to drive our excellent financial performance,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • The following table summarizes our financial and operating highlights for the quarters ended June 30, 2023 and 2022.
  • Three Months Ended June 30,

Snap Inc. Announces Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, July 25, 2023

We made it easier for brands and creators to work together with the US launch of the Snap Star Collab Studio for brands to source, partner, and drive results with Snap Stars.

Key Points: 
  • We made it easier for brands and creators to work together with the US launch of the Snap Star Collab Studio for brands to source, partner, and drive results with Snap Stars.
  • Snap Inc. will host a conference call to discuss the results at 2:30 p.m. Pacific / 5:30 p.m. Eastern today.
  • We calculate average Monthly Active Users for a particular quarter by calculating the average of the MAUs as of each calendar month-end in that quarter.
  • Note: For adjustments and additional information regarding the non-GAAP financial measures and other items discussed, please see “Non-GAAP Financial Measures,” “Reconciliation of GAAP to Non-GAAP Financial Measures,” and “Supplemental Financial Information and Business Metrics.”

Bilibili Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, June 1, 2023

SHANGHAI, China, June 01, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • SHANGHAI, China, June 01, 2023 (GLOBE NEWSWIRE) -- Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2023.
  • Led by this approach, our advertising revenues grew by 22% year-over-year in the first quarter of 2023.
  • Strong user engagement persisted, with an average of 96 minutes per day spent by our users on Bilibili in the first quarter of 2023.
  • The decrease was primarily attributable to reduced promotional spending related to user acquisition in the first quarter of 2023.

JOYY Reports First Quarter 2023 Results: Sustained Growth in Profitability and Users

Retrieved on: 
Wednesday, May 31, 2023

JOYY's total revenues in the first quarter of 2023 were US$583.6 million, including US$467.9 million of revenue from BIGO.

Key Points: 
  • JOYY's total revenues in the first quarter of 2023 were US$583.6 million, including US$467.9 million of revenue from BIGO.
  • JOYY's global average mobile MAUs grew by 1.9% quarter over quarter, with Bigo Live's MAUs increasing by 19.0% year over year.
  • During the first quarter, Bigo Live sustained its double-digit user growth momentum for the fourth consecutive quarter, with its MAUs increasing by 19.0% year-over-year to 37.7 million.
  • Growth was observed across several key regions, with 7.3% growth in Europe, 13.2% growth in the Middle East, and 23.6% growth in Southeast Asia and other emerging markets, year over year.

Kuaishou Technology Announces First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Monday, May 22, 2023

HONG KONG, May 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated first quarterly results for the three months ended March 31, 2023.

Key Points: 
  • HONG KONG, May 22, 2023 /PRNewswire/ -- Kuaishou Technology (HK:1024) (the "Company" or "Kuaishou"), a leading content community and social platform, today announced its unaudited consolidated first quarterly results for the three months ended March 31, 2023.
  • Gross profit margin in the first quarter of 2023 was 46.4%, improving from 41.7% for the same period of 2022.
  • Mr. Cheng Yixiao, Co-founder and Chief Executive Officer of Kuaishou said, "We delivered strong results in the first quarter of 2023 with positive adjusted net profit at the group level for the first time since our listing.
  • By the end of the first quarter of 2023, pairs of mutual followers on the Kuaishou App reached a cumulative 29.6 billion, representing a 57.6% growth year-over-year.

Duolingo Reports 62% DAU Growth, 42% Revenue Growth, and Increased Profitability in First Quarter 2023; Raises Full Year Guidance

Retrieved on: 
Tuesday, May 9, 2023

PITTSBURGH, May 09, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the first quarter ended March 31, 2023 in a shareholder letter that is posted at investors.duolingo.com.

Key Points: 
  • PITTSBURGH, May 09, 2023 (GLOBE NEWSWIRE) -- Duolingo, Inc. (NASDAQ: DUOL), the world’s leading mobile learning platform, announced results for the first quarter ended March 31, 2023 in a shareholder letter that is posted at investors.duolingo.com.
  • “2023 picked up where 2022 left off, with strong user growth, top-line growth, and increasing profitability and cash from operations,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • The following table summarizes our financial and operating highlights for the quarters ended March 31, 2023 and 2022.
  • Three Months Ended March 31,

Snap Inc. Announces First Quarter 2023 Financial Results

Retrieved on: 
Thursday, April 27, 2023

We introduced 3D to the Snap Map to highlight Places and make the Map more personal, fun, and engaging.

Key Points: 
  • We introduced 3D to the Snap Map to highlight Places and make the Map more personal, fun, and engaging.
  • Snap Inc. will host a conference call to discuss the results at 2:30 p.m. Pacific / 5:30 p.m. Eastern today.
  • We calculate average Monthly Active Users for a particular quarter by calculating the average of the MAUs as of each calendar month-end in that quarter.
  • Note: For adjustments and additional information regarding the non-GAAP financial measures and other items discussed, please see “Non-GAAP Financial Measures,” “Reconciliation of GAAP to Non-GAAP Financial Measures,” and “Supplemental Financial Information and Business Metrics.”

Meta Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, April 26, 2023

This includes charges related to our restructuring efforts of $1.14 billion in the first quarter of 2023.

Key Points: 
  • This includes charges related to our restructuring efforts of $1.14 billion in the first quarter of 2023.
  • Capital expenditures – Capital expenditures, including principal payments on finance leases, were $7.09 billion for the first quarter of 2023.
  • Share repurchases – We repurchased $9.22 billion of our Class A common stock in the first quarter of 2023.
  • Further, the employees that would be impacted by the 2023 layoffs are included in our reported headcount as of March 31, 2023.

Roblox Reports March 2023 Key Metrics

Retrieved on: 
Monday, April 17, 2023

Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, today released certain key metrics for the month of March 2023.

Key Points: 
  • Roblox Corporation (NYSE: RBLX), a global platform bringing millions of people together through shared experiences, today released certain key metrics for the month of March 2023.
  • Thus, on a constant currency basis, we estimate our year-over-year March 2023 revenue growth would have been between 16% - 22%, our year-over-year March 2023 bookings growth would have been 25% - 29% and the change in year-over-year March 2023 ABPDAU would have been between -1% and 3%.
  • We have now published monthly key metrics over our first eight quarters as a public company.
  • Key metrics will continue to be published on a quarterly basis aligned with the Company’s other quarterly disclosures, including its shareholder letter and other quarterly publications.