JOYY Reports Second Quarter 2024 Financial Results: Total Revenues up 3.3% Year Over Year, BIGO Achieves Fourth Consecutive Quarter of Growth [Yahoo! Finance]
JOYY Inc. - American Depositary Shares (YY)
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
about.yy.com/s/investors.html
Company Research
Source: Yahoo! Finance
During the second quarter, JOYY's revenue came in at US$565.1 million , a year-over-year increase of 3.3%. The Company's core business segment BIGO continued its topline recovery trend for the fourth consecutive quarter, generating revenues of US$507 .2 million, a year-over-year increase of 7.7%. JOYY recorded net profit and non-GAAP net profit [1] of US$52.1 million and US$74 .0 million, representing sequential increases of 15.0% and 10.2%, respectively. The Company sustained its positive operating cash flows, generating US$71.1 million in the second quarter. JOYY continued to advance shareholder returns in the second quarter by repurchasing an additional 2.3 million ADS for a total consideration of US$71.4 million Ms. Ting Li , Chairperson and Chief Executive Officer of JOYY, commented, "In the second quarter, we continued to build on our growth momentum, delivering solid results. BIGO revenue reached US$507 .2 million, a 7.7% year-over-year increase, marking the fourth consecu
Show less
Read more
Impact Snapshot
Event Time:
YY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
YY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
YY alerts
High impacting JOYY Inc. - American Depositary Shares news events
Weekly update
A roundup of the hottest topics
YY
News
- JOYY (YY) Surges 6.2%: Is This an Indication of Further Gains? [Yahoo! Finance]Yahoo! Finance
- JOYY to Announce Third Quarter 2024 Financial Results on November 26, 2024GlobeNewswire
- JOYY Inc. (NASDAQ: YY) had its price target raised by analysts at JPMorgan Chase & Co. from $30.00 to $35.00. They now have a "neutral" rating on the stock.MarketBeat
- JOYY Had A Sneaky Good Q2 [Seeking Alpha]Seeking Alpha
- JOYY Inc. (NASDAQ: YY) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
YY
Earnings
- 8/27/24 - Beat
YY
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form SC
- 9/5/24 - Form 144
- YY's page on the SEC website