YY Reports Fourth Quarter and Full Year 2014 Unaudited Financial Results

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Go back to YY Reports Fourth Quarter and Full Year 2014 Unaudited Financial Results

YY, Inc. (YY) Tops Q4 EPS by 10c

March 5, 2015 4:15 PM EST

YY, Inc. (NASDAQ: YY) reported Q4 EPS of $0.94, $0.10 better than the analyst estimate of $0.84. Revenue for the quarter came in at $188.7 million versus the consensus estimate of $178.64 million.

For the first quarter of 2015, the Company expects its net revenues to be between RMB1.06 billion and RMB1.08 billion, representing a year-over-year growth of approximately 59% to 62%. These forecasts reflect the Company's current and preliminary view on the market and operational conditions, which are subject to change.

Mr. David Xueling Li, Chief Executive Officer of YY, stated, "We are pleased to... More