YY, Inc. (YY) Reports Q2 EPS of RMB5.97

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YY Reports Second Quarter 2016 Unaudited Financial Results

August 17, 2016 4:05 PM EDT

GUANGZHOU, China, Aug. 17, 2016 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) ("YY" or the "Company"), a live streaming platform, today announced its unaudited financial results for the second quarter of 2016.

Second Quarter 2016 Highlights 

Net revenues increased by 45.9% to RMB1,980.8 million (US$298.0 million) from RMB1,357.2 million in the corresponding period of 2015.Net income attributable to YY increased by 18.1% to RMB343.3 million (US$51.7 million) from RMB290.7 million in the corresponding period of 2015.Non-GAAP net income attributable to YY increased by 27.3% to RMB384.8... More