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

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

YY Reports Third Quarter 2018 Unaudited Financial Results

November 12, 2018 5:30 PM EST

GUANGZHOU, China, Nov. 13, 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 third quarter of 2018.

Third Quarter 2018 Highlights

Net revenues increased by 32.6% to RMB4,100.5 million (US$597.0 million) from RMB3,092.3 million in the corresponding period of 2017.Net income attributable to YY was RMB650.7 million (US$94.7 million) compared to RMB636.0 million in the corresponding period of 2017.Non-GAAP net income attributable to YY1 increased by 19.7% to... More