Bilibili Inc. (BILI) Q4 2022 Earnings Call Transcript

Bilibili Inc. (NASDAQ:BILI) Q4 2022 Earnings Conference Call March 2, 2023 7:00 AM ET

Company Participants

Juliet Yang - Executive Director, Investor Relations

Sam Fan - Chief Financial Officer

Rui Chen - Chairman of the Board & Chief Executive Officer

Carly Li - Vice Chairwoman of the Board & Chief Operating Officer

Conference Call Participants

Daniel Chen - JPMorgan

Xueqing Zhang - CICC

Yiwen Zhang - China Renaissance

Lei Zhang - Bank of America Merrill Lynch

Lincoln Kong - Goldman Sachs

Operator

Good day, and welcome to Bilibili Fourth Quarter and Fiscal Year 2022 Financial Results and Business Update Conference Call. Today's conference is being recorded.

At this time, I'd like to turn the conference over to Juliet Yang, Executive Director of Investor Relations. Please, go ahead.

Juliet Yang

Thank you, operator. During this call, we'll discuss our business outlook and make forward-looking statements. These comments are based on our predictions and expectations as of today. Actual events or results could differ materially from those mentioned in today's news release and in this discussion due to a number of risks and uncertainties, including those mentioned in our most recent filing with the SEC and Hong Kong Stock Exchange.

The non-GAAP financial measures we provide are for comparison purpose only. Definition of these measures and a reconciliation table are available in the news release we issued earlier today.

As a reminder, this conference call is being recorded. In addition, an investor presentation and a webcast replay of this conference call will be available on the Bilibili IR website at ir.bilibili.com.

Joining us today from Bilibili senior management are Mr. Rui Chen, Chairman of the Board and Chief Executive Officer; Ms. Carly Li, Vice Chairwoman of the Board and Chief Operating Officer; and Mr. Sam Fan, Chief Financial Officer.

And I will now turn the call over to Mr. Fan, who will read the prepared remarks on behalf of Mr. Chen.

Sam Fan

Thank you, Juliet. And thank you, everyone, for participating in our 2022 fourth quarter and fiscal year financial and operating results conference call. I'm pleased to deliver today's opening remarks on behalf of Mr. Chen.

In 2022, we proactively adjusted our strategies and reprioritize our goal to better align ourselves with the new industry paradigm. Specifically, we placed our focus on DAU growth and how to reach profitability, beginning to our progress on these two fronts.