YY, Inc. (YY) Tops Q4 EPS by 37c

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Go back to YY, Inc. (YY) Tops Q4 EPS by 37c

YY Reports Fourth Quarter and Full Year 2016 Unaudited Financial Results

March 14, 2017 6:00 AM EDT

GUANGZHOU, China, March 14, 2017 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) ("YY" or the "Company"), a live streaming platform, today announced its unaudited financial results for the fourth quarter and full year 2016.

Fourth Quarter 2016 Highlights

Net revenues increased by 30.8% to RMB2,484.2 million (US$357.8 million) from RMB1,899.8 million in the corresponding period of 2015.Net income attributable to YY increased by 59.3% to RMB572.3 million (US$82.4 million) from RMB359.2 million in the corresponding period of 2015.Non-GAAP net income attributable to YY increased by 42.4% to RMB598.6 million... More