YY Reports Third Quarter 2018 Unaudited Financial Results

Go back to YY Reports Third Quarter 2018 Unaudited Financial Results

YY Inc, (YY) PT Lowered to $75 at Nomura/Instinet Following 3Q

November 13, 2018 7:38 AM EST

Nomura/Instinet analyst Jialong Shi lowered the price target on YY Inc, (NASDAQ: YY) to $75.00 (from $92.00) while maintaining a Buy rating following the company's 3Q earnings report. Revenue was CNY4.1bn, up 33% y-y, which was 3% above Bloomberg consensus. Non-GAAP EPS came in at CNY12.07,... More

YY, Inc. (YY) Tops Q3 EPS by 9c

November 12, 2018 5:34 PM EST

YY, Inc. (NASDAQ: YY) reported Q3 EPS of $1.76, $0.09 better than the analyst estimate of $1.67. Revenue for the quarter came in at $597 million versus the consensus estimate of $576.15 million.

Guidance:

For the fourth quarter of 2018, the Company expects net revenues to be... More