YY Inc, (YY) PT Raised to $46 at Jefferies

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Go back to YY Inc, (YY) PT Raised to $46 at Jefferies

JOYY Reports Net Profit of US$60.6 Million, Share Buybacks Surpass US$117.8 Million in Q3

November 26, 2024 9:42 PM EST

SINGAPORE, Nov. 26, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the third quarter of 2024.

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JOYY Reports Third Quarter 2024 Unaudited Financial Results

November 26, 2024 7:00 PM EST

SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (JOYY or the Company), a global technology company, today announced its unaudited financial results for the third quarter of 2024.

Third Quarter 2024 Financial Highlights1

Net revenues were US$558.7 million, compared to US$567.1 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$60.6 million, compared to US$72.9 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common... More