BofA Securities downgraded JOYY from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/25/2025 | Hold → Buy | The Benchmark Company | |
| 3/25/2024 | Buy → Neutral | BofA Securities | |
| 1/2/2024 | Buy → Hold | The Benchmark Company | |
| 6/1/2022 | Overweight → Equal-Weight | Morgan Stanley | |
| 5/16/2022 | $40.00 | Underweight → Neutral | JP Morgan |
| 3/14/2022 | $25.00 | Overweight → Underweight | JP Morgan |
| 11/2/2021 | $99.00 → $57.00 | Neutral → Sell | Goldman |
| 7/13/2021 | $125.00 | Buy | China Renaissance |
SINGAPORE, March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million. For the full year 2024, the Company's revenue reached US$2.24 billion. The Company's core business segment BIGO generated revenues of US$1.99 billion, with a year-over-year increase of 3.3%. Driven by continued enhancement of global operations and strong execution, JOYY achieved steady profit growth in 2024. The Company's non-GAAP[1] net profit for the full year 2024 reached
SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Financial Highlights1 Net revenues were US$549.4 million, compared to US$569.8 million in the corresponding period of 2023.Net loss attributable to controlling interest of JOYY2 was US$304.1 million, compared to net income of US$45.8 million in the corresponding period of 2023. This result includes the impact of a US$454.9 million non-cash goodwill impairment charge. Adjusted for this particular non-cash impact, net income excluding goodwill impairment a
SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 19, 2025 (9:00 AM Singapore/Hong Kong Time on Thursday, March 20, 2025). Details for the conference call are as follows: Event Title:JOYY Inc. Fourth Quarter and Full Year 2024 Earnings Conference CallConference ID:#10046092 All participants may use the link provided below to complete the online registration proc
SC 13G/A - JOYY Inc. (0001530238) (Subject)
SC 13G/A - JOYY Inc. (0001530238) (Subject)
SC 13G/A - JOYY Inc. (0001530238) (Subject)
The Benchmark Company upgraded JOYY from Hold to Buy
BofA Securities downgraded JOYY from Buy to Neutral
The Benchmark Company downgraded JOYY from Buy to Hold
SINGAPORE, March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million. For the full year 2024, the Company's revenue reached US$2.24 billion. The Company's core business segment BIGO generated revenues of US$1.99 billion, with a year-over-year increase of 3.3%. Driven by continued enhancement of global operations and strong execution, JOYY achieved steady profit growth in 2024. The Company's non-GAAP[1] net profit for the full year 2024 reached
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 Board, ensuring continuity and supporting ongoing business momentum. Mr. David Xueling Li stated, "JOYY has become highly globalized, cultivating an engaging and vibrant user community
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 million, with GAAP and non-GAAP net margins1 of 8.0% and 11.9%, respectively. The BIGO segment's net profit and non-GAAP net profit1 reached US$61.0 million and US$71.2 million, with GAAP and n
SCHEDULE 13G - JOYY Inc. (0001530238) (Subject)
6-K - JOYY Inc. (0001530238) (Filer)
6-K - JOYY Inc. (0001530238) (Filer)
SINGAPORE, March 20, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Financial Highlights1 Net revenues were US$549.4 million, compared to US$569.8 million in the corresponding period of 2023.Net loss attributable to controlling interest of JOYY2 was US$304.1 million, compared to net income of US$45.8 million in the corresponding period of 2023. This result includes the impact of a US$454.9 million non-cash goodwill impairment charge. Adjusted for this particular non-cash impact, net income excluding goodwill impairment a
SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, March 19, 2025 (9:00 AM Singapore/Hong Kong Time on Thursday, March 20, 2025). Details for the conference call are as follows: Event Title:JOYY Inc. Fourth Quarter and Full Year 2024 Earnings Conference CallConference ID:#10046092 All participants may use the link provided below to complete the online registration proc
SINGAPORE, Nov. 27, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Financial Highlights1 Net revenues were US$558.7 million, compared to US$567.1 million in the corresponding period of 2023.Net income attributable to controlling interest of JOYY2 was US$60.6 million, compared to US$72.9 million in the corresponding period of 2023.Non-GAAP net income attributable to controlling interest and common shareholders of JOYY3 was US$61.2 million, compared to US$81.2 million in the corresponding period of 2023. Third Quarter 2024 Operational Hi