JOYY(YY)

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欢聚:Looking beyond 2Q24E’s soft seasonality
Zhao Yin Guo Ji· 2024-05-30 04:01
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 ...
JOYY(YY) - 2024 Q1 - Earnings Call Transcript
2024-05-29 05:44
Call Start: 21:00 January 1, 0000 9:53 PM ET JOYY, Inc. (NASDAQ:YY) Q1 2024 Earnings Conference Call May 29, 2024, 21:00 ET Company Participants Jane Xie - IR Senior Manager David Li - Co-Founder, Chairman & CEO Alex Liu - VP, Finance Conference Call Participants Henry Sun - JPMorgan Chase & Co. Alex Poon - Morgan Stanley Lei Zhang - Bank of America Merrill Lynch Yiwen Zhang - China Renaissance Securities Operator Ladies and gentlemen, thank you for standing by, and welcome to the JOYY Inc.'s First Quarter ...
JOYY Reports First Quarter 2024 Financial Results: Net Profit up 34.8% Year Over Year, BIGO Sustains Revenue Growth
prnewswire.com· 2024-05-29 01:58
SINGAPORE, May 28, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the first quarter of 2024.During the first quarter, JOYY's revenue came in at US$564.6 million. The Company's core business segment BIGO continued its topline recovery trend, generating revenues of US$505.2 million, a year-over-year increase of 8.0%. JOYY recorded net profit and non-GAAP net profit1 of US$ 45.3 million and US$67.2 millio ...
JOYY Reports First Quarter 2024 Unaudited Financial Results
Newsfilter· 2024-05-28 23:00
SINGAPORE, May 29, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights1 Net revenues were US$564.6 million, compared to US$583.6 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$45.3 million, compared to US$28.0 million in the corresponding period of 2023.Non-GAAP net income attribu ...
JOYY Reports First Quarter 2024 Unaudited Financial Results
globenewswire.com· 2024-05-28 23:00
SINGAPORE, May 29, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Financial Highlights1 Net revenues were US$564.6 million, compared to US$583.6 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$45.3 million, compared to US$28.0 million in the corresponding period of 2023.Non-GAAP net income attrib ...
JOYY to Announce First Quarter 2024 Financial Results on May 28, 2024
Newsfilter· 2024-05-17 11:00
SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its first quarter 2024 financial results after the U.S. market closes on May 28, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, May 28, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, May 29, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. First Quarte ...
JOYY to Announce First Quarter 2024 Financial Results on May 28, 2024
globenewswire.com· 2024-05-17 11:00
SINGAPORE, May 17, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced that it plans to release its first quarter 2024 financial results after the U.S. market closes on May 28, 2024. The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, May 28, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, May 29, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. First Quart ...
JOYY Inc. Filed 2023 Annual Report on Form 20-F
Newsfilter· 2024-04-26 20:35
SINGAPORE, April 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the Securities and Exchange Commission on April 26, 2024, Eastern Time. The annual report can be accessed on the Company's investor relations website at http://ir.joyy.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial ...
JOYY(YY) - 2023 Q4 - Annual Report
2024-04-26 20:06
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...
JOYY Inc. Announces Repurchase Right Notification for 1.375% Convertible Senior Notes due 2026
Newsfilter· 2024-04-12 12:00
SINGAPORE, April 12, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it is notifying holders of its 1.375% Convertible Senior Notes due 2026 (CUSIP No. 98426T AF3) (the "2026 Notes") that pursuant to the Indenture dated as of June 24, 2019 (the "Indenture") relating to the 2026 Notes by and between the Company and Citicorp International Limited, as trustee, each holder has the right, at the option of such holder, to require the Comp ...