Core Viewpoint - JOYY Inc. (欢聚) has seen a significant increase in its stock price, reaching a new high since May 2021, driven by strong revenue growth in its non-live streaming business and overall positive financial performance in Q2 [1] Financial Performance - JOYY's Q2 revenue reached $508 million, reflecting a quarter-over-quarter growth of 2.7% [1] - Live streaming revenue was $375.4 million, with a quarter-over-quarter increase of 1.1% [1] - Non-live streaming business revenue grew by 25.6% year-over-year, contributing to 26.1% of total revenue, an increase of 7.4 percentage points year-over-year [1] Stock Performance - The stock closed at $62.04, up 3.62%, marking the highest closing price in over four years [1] - Pre-market trading showed a further increase to $62.66, up 1% [1] - The stock has a market capitalization of $3.187 billion [1]

Core Insights - JOYY Inc. (欢聚) experienced a nearly 5% increase in stock price, reaching $56.71 [1] - In Q2, the company's revenue reached $508 million, reflecting a quarter-over-quarter growth of 2.7% [1] - Live streaming revenue accounted for $375.4 million, with a quarter-over-quarter increase of 1.1% [1] - Non-live streaming business showed strong growth, with revenue increasing by 25.6% year-over-year, contributing 26.1% to total revenue, up 7.4 percentage points year-over-year [1] - Adjusted EBITDA for Q2 was $48.2 million, representing a year-over-year growth of 25.7% and a quarter-over-quarter growth of 19.3% [1] - Adjusted net profit reached $77 million, showing a year-over-year increase of 3.9% [1] - Operating cash flow remained robust at $57.6 million [1]

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]

Core Insights - JOYY Inc. reported Q2 2025 revenue of $508 million, a quarter-over-quarter increase of 2.7% [2] - Live streaming revenue reached $375.4 million, with a quarter-over-quarter growth of 1.1% [2] - Non-live business revenue grew significantly, with a year-over-year increase of 25.6%, contributing to 26.1% of total revenue, up 7.4 percentage points year-over-year [2] Financial Performance - Adjusted EBITDA for Q2 2025 was $48.2 million, reflecting a year-over-year increase of 25.7% and a quarter-over-quarter increase of 19.3% [2] - Adjusted net profit for the quarter was $77 million, showing a year-over-year growth of 3.9% [2] - Operating cash flow for the quarter amounted to $57.6 million [2] Shareholder Returns - The company actively returned value to shareholders, with a total of $135 million spent on share buybacks and dividends in the first half of 2025 [2]

Core Insights - JOYY Inc. reported Q2 2025 revenue of $508 million, a quarter-over-quarter increase of 2.7% [1] - Live streaming revenue reached $375.4 million, with a quarter-over-quarter growth of 1.1% [1] - Non-live business revenue grew by 25.6% year-over-year, contributing 26.1% to total revenue, an increase of 7.4 percentage points year-over-year [1] Financial Performance - Adjusted EBITDA for Q2 2025 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 for the quarter was $77 million, showing a year-over-year growth of 3.9% [1] - Operating cash flow remained robust at $57.6 million [1] Shareholder Returns - The company returned $135 million to shareholders through buybacks and dividends from January 1 to June 30, 2025 [1]