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JOYY Q2 Non-GAAP Earnings Decline, Revenue Increases; Q3 Revenue Outlook Issued
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JOYY Q2 Non-GAAP Earnings Decline, Revenue Increases; Q3 Revenue Outlook Issued
Aug 28, 2024 7:16 AM

03:58 AM EDT, 08/28/2024 (MT Newswires) -- JOYY Inc. ( YY ) reported Q2 non-GAAP earnings late Tuesday of $1.17 per diluted American depositary share, down from $1.29 a year earlier.

Three analysts surveyed by Capital IQ expected $0.92.

Net revenue for the quarter ended June 30 was $565.1 million, up from $547.3 million a year earlier.

Three analysts surveyed by Capital IQ expected $559 million.

For Q3, the company expects net revenue of $555 million to $569 million. Two analysts polled by Capital IQ expect $575 million.

Price: 33.20, Change: -0.37, Percent Change: -1.10

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