Joyy Q2 Non-GAAP Earnings Decline, Revenue Rises

MT Newswires Live
Yesterday

Joyy (JOYY) reported Q2 non-GAAP earnings late Tuesday of $1.24 per diluted American depositary share, down from $1.44 a year earlier.

Three analysts polled by FactSet expected $1.17.

Revenue for the quarter ended June 30 was $590.8 million, up from $507.8 million a year earlier.

Analysts polled by FactSet expected $574.8 million.

The company expects Q3 revenue of $602 million to $622 million. Analysts polled by FactSet are expecting $591.8 million.

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