YY, Inc. (YY) Misses Q1 EPS by 5c; Issues Q2 Revenue Growth Outlook

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Go back to YY, Inc. (YY) Misses Q1 EPS by 5c; Issues Q2 Revenue Growth Outlook

YY Reports First Quarter 2015 Unaudited Financial Results

May 11, 2015 7:22 PM EDT

1Q15 Net Revenues Up 72.6% YOY to RMB1,150.3 Million

1Q15 Net Income Up 23.6% YOY to RMB227.0 Million

1Q15 Non-GAAP Net Income Up 24.7% YOY to RMB258.8 Million

GUANGZHOU, China, May 11, 2015 (GLOBE NEWSWIRE) -- YY Inc. (Nasdaq: YY) ("YY" or the "Company"), a revolutionary real-time interactive social platform, today announced its unaudited financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights

Net revenues increased by 72.6% to RMB1,150.3 million (US$185.6 million) from RMB666.3 million in the corresponding period of 2014.... More