JOYY shares are trading lower after the company reported Q1 financial results.
$YY
EDP Services
Technology
JOYY shares are trading lower after the company reported Q1 financial results.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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, 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
BofA Securities downgraded JOYY from Buy to Neutral
The Benchmark Company downgraded JOYY from Buy to Hold
Morgan Stanley downgraded JOYY from Overweight to Equal-Weight
SC 13G/A - JOYY Inc. (0001530238) (Subject)
SC 13G/A - JOYY Inc. (0001530238) (Subject)
SC 13G/A - JOYY Inc. (0001530238) (Subject)
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For the second quarter of 2024, the Company expects net revenues to be between US$538 million and US$569 million. This forecast reflects the Company’s current and preliminary views on the market, operational conditions and business strategies, which are subject to changes, particularly as to the potential impact from increasing macroeconomic uncertainties.
6-K - JOYY Inc. (0001530238) (Filer)
6-K - JOYY Inc. (0001530238) (Filer)
SC TO-I/A - JOYY Inc. (0001530238) (Subject)
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its third quarter 2024 financial results after the U.S. market closes on November 26, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, November 26, 2024 (10:00 AM Singapore/Hong Kong Time on Wednesday, November 27, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Third Quarter 2024 Earnings Conference CallConference ID:#10043422 All participants may use the link provided below to complete the online registration process in advance of the
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 attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Oper
SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its second quarter 2024 financial results after the U.S. market closes on August 27, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, August 27, 2024 (9:00 AM Singapore/Hong Kong Time on Wednesday, August 28, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Second Quarter 2024 Earnings Conference CallConference ID:#10041392 All participants may use the link provided below to complete the online registration process in advance of the confe
SINGAPORE, Nov. 13, 2024 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ:YY) ("JOYY" or the "Company"), a global technology company, today announced that it plans to release its third quarter 2024 financial results after the U.S. market closes on November 26, 2024. The Company's management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Tuesday, November 26, 2024 (10:00 AM Singapore/Hong Kong Time on Wednesday, November 27, 2024). Details for the conference call are as follows: Event Title:JOYY Inc. Third Quarter 2024 Earnings Conference CallConference ID:#10043422 All participants may use the link provided below to complete the online registration process in advance of the
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 net profit and non-GAAP net profit[1] of US$52.1 million and US$74.0 mil
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 attributable to controlling interest and common shareholders of JOYY3 was US$74.0 million, compared to US$97.3 million in the corresponding period of 2023. Second Quarter 2024 Oper