
Core Viewpoint - JOYY Inc. reported a strong financial performance in Q2, with significant growth in both revenue and adjusted EBITDA, driven by robust advertising revenue and a solid contribution from non-live streaming business [1] Financial Performance - In Q2, JOYY's total revenue reached $508 million, representing a quarter-over-quarter increase of 2.7% [1] - Live streaming revenue was $375.4 million, showing a quarter-over-quarter growth of 1.1% [1] - Non-live streaming business revenue grew by 25.6% year-over-year, accounting for 26.1% of total revenue, an increase of 7.4 percentage points year-over-year [1] Profitability Metrics - Adjusted EBITDA for Q2 was $48.2 million, reflecting a year-over-year increase of 25.7% and a quarter-over-quarter increase of 19.3% [1] - Adjusted net profit reached $77 million, marking a year-over-year growth of 3.9% [1] - Operating cash flow was $57.6 million, indicating a stable financial position [1]