YY, Inc. (YY) Tops Q2 EPS by 26c

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Go back to YY, Inc. (YY) Tops Q2 EPS by 26c

YY Reports Second Quarter 2017 Unaudited Financial Results

August 10, 2017 6:02 AM EDT

GUANGZHOU, China, Aug. 10, 2017 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) ("YY" or the "Company"), a leading live streaming social media platform in China, today announced its unaudited financial results for the second quarter of 2017.

Second Quarter 2017 Highlights

Net revenues increased by 31.7% to RMB2,609.0 million (US$384.8 million) from RMB1,980.8 million in the corresponding period of 2016.Net income attributable to YY increased by 67.1% to RMB573.7 million (US$84.6 million) from RMB343.3 million in the corresponding period of 2016.Non-GAAP net income attributable to YY1... More