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Stock impact report

JOYY Reports Second Quarter 2024 Unaudited Financial Results

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: GlobeNewswire
SINGAPORE, Aug. 28, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights1 Net revenues were US$565.1 million, compared to US$547.3 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$52.1 million, compared to US$155.1 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Operational Highlights Average mobile MAUs of Bigo Live was 37.7 million, compared to 38.5 million in the corresponding period of 2023.Average mobile MAUs of Likee was 35.6 million, compared to 43.2 million in the corresponding period of 2023, primarily due to disciplined spending on user acquisiti Show less Read more
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