Yalla Group Limited (YALA) Tops Q1 EPS by 1c, Offers Guidance

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Yalla Group Limited Announces Unaudited First Quarter 2022 Financial Results

May 16, 2022 5:00 PM EDT

DUBAI, UAE, May 16, 2022 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced its unaudited financial results for the first quarter ended March 31, 2022.

First Quarter 2022 Financial and Operating Highlights

Revenues were US$72.3 million in the first quarter of 2022, representing an increase of 6.9% from the first quarter of 2021.- Revenues generated from... More