YY, Inc. (YY) Tops Q1 EPS by 6c; $100M Stock Buyback

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Go back to YY, Inc. (YY) Tops Q1 EPS by 6c; $100M Stock Buyback

YY Inc. (YY) Estimates Raised at Maxim Group Amid Solid Q1 Results, Q2 Guidance

May 6, 2014 8:30 AM EDT

Maxim Group analyst Echo He reiterated a Buy rating and $90 price target on YY Inc. (NASDAQ: YY) following better than expected Q1 results and Q2 guidance. The analyst raised 2014 and 2015 revenue estimates by 5% and 3%, to represent 71% and 47% y/y growth. He also raised... More