SINGAPORE, Aug. 27, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the second quarter of 2024.During the second quarter, JOYY's revenue came in at US$565.1 million, a year-over-year increase of 3.3%. The Company's core business segment BIGO continued its topline recovery trend for the fourth consecutive quarter, generating revenues of US$507.2 million, a year-over-year increase of 7.7%. JOYY recorded n ...

SINGAPORE, Aug. 28, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the second quarter of 2024. Second Quarter 2024 Financial Highlights1 Net revenues were US$565.1 million, compared to US$547.3 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$52.1 million, compared to US$155.1 million in the corresponding period of 2023.Non-GAAP net income at ...

SINGAPORE, Aug. 03, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that its board of directors (the "Board") has approved a carefully planned leadership succession. Ms. Ting Li, currently Director and Chief Operating Officer of the Company, will succeed Mr. David Xueling Li as Chairperson of the Board ("Chairperson") and Chief Executive Officer ("CEO"), effective immediately. Mr. David Xueling Li will continue serving as a member of the ...

SINGAPORE, Aug. 03, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global technology company, today announced that its board of directors (the “Board”) has approved a carefully planned leadership succession. Ms. Ting Li, currently Director and Chief Operating Officer of the Company, will succeed Mr. David Xueling Li as Chairperson of the Board (“Chairperson”) and Chief Executive Officer (“CEO”), effective immediately. Mr. David Xueling Li will continue serving as a member of th ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key ...

SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced the results of its previously announced repurchase right offer relating to its 1.375% Convertible Senior Notes due 2026 (CUSIP No. 98426T AF3) (the "2026 Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Thursday, June 13, 2024. Based on information from Citibank, N.A. as the paying agent for the 2026 Notes, US$405,445,000 aggregate princip ...

SINGAPORE, June 14, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (Nasdaq: YY) (“JOYY” or the “Company”), a global technology company, today announced the results of its previously announced repurchase right offer relating to its 1.375% Convertible Senior Notes due 2026 (CUSIP No. 98426T AF3) (the “2026 Notes”). The repurchase right offer expired at 5:00 p.m., New York City time, on Thursday, June 13, 2024. Based on information from Citibank, N.A. as the paying agent for the 2026 Notes, US$405,445,000 aggregate princi ...

交银国际研究 公司更新 互联网 收盘价 目标价 潜在涨幅 2024年5月29日 美元32.65 美元33.00↓ +1.1% 欢聚集团 (YY US) 核心产品持续复苏，短期利润增长承压  1季度利润超预期。欢聚2024年1季度收入为5.7亿美元，同比-3%/环比- 个股评级 1%，略超我们预期3%。经调整运营利润2500万美元，对比去年同期2800 中性 万美元，好于我们预期的1600万美元，主要因成本优化好于预期。经调 整净利润 6700 万美元，同比+35%，好于我们/市场预期的 5200 万美元 1年股价表现 /5400万美元。 YY US MSCI中国指数  核心社交产品收入维持复苏趋势。BIGO收入同比+8%，对比1季度3%增长 60% 50% 加速，主要受益于付费用户增长（同比+6.9%）。非直播收入同比+195%， 40% 30% 主要因第三方联盟广告业务快速增长。1）BIGO Live资源进一步向发达国 20% 10% 家倾斜，发达国家MAU/MPU维持同比增长（+8.9%/17.2%），拉动收入同 0% -10% 比+14.8%。2）Likee MAU降势持续（同/环比-16%/-4% ...

2024 年 5 月 30 日 CMB 国际全球市场 | 股票研究 | 公司更新 JOYY Inc (YY US) 超越 2Q24E 的温和季节性 目标价 47.00 美元 JOYY 在第 1 季度表现乐观，但在第 2 季度的收入指导略低于市场预期 2% 。鉴于直播的季 （ 以前的 TP 为 50.50 美元 ） 节性疲软，我们预计第二季度总收入同比增长 1.2%，调整。净利润为 5000 万美元。我们估 涨 / 跌 50.0% 计 Bigo 的广告增加将部分抵消直播的柔软度。对于 Bigo 直播业务，美国和东南亚市场的势 头趋势良好，而中东的复苏需要更多时间。对于 FY24E，我们对集团收入保持乐观，以恢复 现价 31.33 美元中国娱乐 正增长，但略有削减 FY24E 调整。净利润为 2.42 亿美元，以反映 Hello 影响和较低的利息 苏菲黄 收入。我们将 FY24 - 26E 净利润预测下调 12% - 14% 。以低于 SOTP 的 TP 维持买入 47 美 (852) 3900 0889 元。  1Q24 乐观 ， 但 2Q24 指导疲软。第 1 季度收入同比下降 3.3% ， 高于市场预期 ...

M N 30 May 2024 CMB International Global Markets | Equity Research | Company Update JOYY Inc (YY US) Looking beyond 2Q24E’s soft seasonality Target Price US$47.00 JOYY delivered an upbeat 1Q24, but revenue guidance for 2Q24E slightly (Previous TP US$50.50) missed consensus by 2%. Given soft seasonality of livestreaming, we Up/Downside 50.0% expect total revenue +1.2% YoY in 2Q24E, with adj. net profit at US$50mn. Current Price US$31.33 We estimate Bigo’s ramp-up of ads would partly offset livestreaming soft ...