BILI: More Users And All Three Lines Of Business To Do Well And To Drive Better Performance in 3Q19
BILI will report 3Q19 results on November 18th after the markets close followed by an 8pm EST conference call. Our data showed that BILI made significant progress in all three fronts of UGC videos, live broadcastings and game. Based on our data and model, we believe the company’s revenue is likely to be higher than consensus at RMB1,765M and our model at RMB1,757.5M. In addition, we estimate that paying users is likely to be up at least 10% Q/Q to reach 7.0M in 3Q19 from 6.3M 2Q19.