哔哩哔哩(纪要):AI 时代,“内容至上” 的含金量还会提升

海豚投研
23 Feb

以下为哔哩哔哩 4Q24业绩电话会纪要,财报解读可回顾《哔哩哔哩:中概重估时刻,不拉垮便是赢?》一、重要财务指标&管理层汇报1. GAAP下首次盈利:之前说B站盈利,都是在剔除股权激励费用后的Non-GAAP情况下的盈利。但四季度GAAP下经营利润实现了1.26亿,利润率1.6%,处于刚刚转正的位置。因此再加回约4pct的SBC费用,经调整净利润4.5亿,利润率5.8%,相比三季度进一步盈利改善。...

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