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JOYY Q4 Adjusted Earnings Rise, Revenue Declines; Issues Q1 Revenue Outlook
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JOYY Q4 Adjusted Earnings Rise, Revenue Declines; Issues Q1 Revenue Outlook
Mar 19, 2024 12:44 AM

03:15 AM EDT, 03/19/2024 (MT Newswires) -- JOYY ( YY ) reported Q4 adjusted earnings late Monday of $1.01 per diluted American depositary share, up from $0.65 per ADS a year earlier.

Two analysts polled by Capital IQ expected $0.64.

Revenue for the quarter ended Dec. 31 was $569.8 million, down from $604.9 million a year earlier. Four analysts surveyed by Capital IQ expected $564.5 million.

For Q1, the company expects revenue to be in a range of $543 million to $560 million. Analysts' estimates for the quarter were not readily available for comparison.

Price: 34.05, Change: +0.68, Percent Change: +2.04

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