YY, Inc. (NASDAQ: YY) reported Q1 EPS of $0.70, $0.05 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $185.6 million versus the consensus estimate of $174.4 million.

For the second quarter of 2015, the Company expects its net revenues to be between RMB1.27 billion and RMB1.29 billion, representing a year-over-year growth of approximately 51% to 53%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which are subject to change.

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