YY, Inc. (YY) Tops Q4 EPS by 43c

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Go back to YY, Inc. (YY) Tops Q4 EPS by 43c

YY Reports Fourth Quarter and Full Year 2017 Unaudited Financial Results

March 5, 2018 5:00 PM EST

GUANGZHOU, China, March 06, 2018 (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 fourth quarter and full year of 2017.

Fourth Quarter 2017 Highlights

Net revenues increased by 46.0% to RMB3,626.5 million (US$557.4 million) from RMB2,484.2 million in the corresponding period of 2016.Net income attributable to YY increased by 29.4% to RMB740.4 million (US$113.8 million) from RMB572.3 million in the corresponding period of 2016.Non-GAAP net income attributable to... More