Bilibili Inc. (NASDAQ:BILI) Q2 2023 Earnings Conference Call August 17, 2023 8:00 AM ET
Company Participants
Juliet Yang - Executive Director of Investor Relations
Sam Fan - Chief Financial Officer
Rui Chen - Chairman of the Board and Chief Executive Officer
Carly Lee - Vice Chairwoman of the Board and Chief Operating Officer
Conference Call Participants
Xueqing Zhang - CICC
Lei Zhang - Bank of America Securities
Kenneth Fong - Credit Suisse
Yiwen Zhang - China Renaissance
Lincoln Kong - Goldman Sachs
Operator
Good day, and welcome to Bilibili Second Quarter 2023 Financial Results and Business Update Conference Call. Today's conference is being recorded.
At this time, I would 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 filings with the SEC and the Hong Kong Stock Exchange.
The non-GAAP financial measures we provide are for comparison purposes only. Definitions of these measures and a reconciliation table are available in the news release we issued earlier today.
As a reminder, this conference 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 Lee, 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.
Rui Chen
[Interpreted] Thank you, Juliet. And thank you, everyone, for participating in our 2023 second quarter conference call to discuss our financial and operating results. I'm pleased to deliver today's opening remarks on behalf of Mr. Chen.
We set our sights on prioritizing profitability and DAU growth, and we have made solid steps toward these goals. In the second quarter, we meaningfully improved our gross profit and narrowed our losses, while continuing to deliver healthy DAU growth and the strong community metrics. I will share more color on both fronts.