Key Takeaways Bilibili earned $0.18 per share in Q2, beating estimates and reversing a year-ago loss.Revenues rose 20% Y/Y to RMB 7.34B, driven by games, VAS and advertising.Gross margin improved to 36.5% while R&D costs fell and operating expenses stayed stable.Bilibili (BILI) reported second-quarter 2025 non-GAAP earnings of 18 cents per share, surpassing the Zacks Consensus Estimate by 5.88%. In the year-ago quarter, the company had incurred a loss of 9 cents per share.Revenues increased to $1.02 billion ...