YY, Inc. (YY) Tops Q3 EPS by 34c

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YY Reports Third Quarter 2016 Unaudited Financial Results

November 21, 2016 6:00 AM EST

GUANGZHOU, China, Nov. 21, 2016 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) ("YY" or the "Company"), a live streaming platform, today announced its unaudited financial results for the third quarter of 2016.

Third Quarter 2016 Highlights 

Net revenues increased by 40.3% to RMB2,089.8 million (US$313.4 million) from RMB1,490.0 million in the corresponding period of 2015.Net income attributable to YY increased by 155.8% to RMB400.0 million (US$60.0 million) from RMB156.4 million in the corresponding period of 2015.Non-GAAP net income attributable to YY increased by 83.7% to RMB435.6 million... More