Oppenheimer upgraded Yalla Group from Perform to Outperform and set a new price target of $28.00

Oppenheimer upgraded Yalla Group from Market Perform to Outperform

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G/A - Yalla Group Ltd (0001794350) (Subject)

SC 13G - Yalla Group Ltd (0001794350) (Subject)

DUBAI, UAE, Nov. 11, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operating Highlights Revenues were US$88.9 million in the third quarter of 2024, representing an increase of 4.4% from the third quarter of 2023.Revenues generated from chatting services in the third quarter of 2024 were US$58.5 million.Revenues generated from games services in the third quarter of 2024 were US$30.2 million.Net income was US$39.2 million in the third

DUBAI, UAE, Nov. 1, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the third quarter 2024 after the U.S. market closes on Monday, November 11, 2024. Yalla Group Limited will hold a conference call on Monday, November 11, 2024, at 8:00 PM Eastern Time, 5:00 AM Dubai Time on Tuesday, November 12, 2024, or 9:00 AM Beijing Time on Tuesday, November 12, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-60

DUBAI, UAE, Aug. 12, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Revenues were US$81.2 million in the second quarter of 2024, representing an increase of 2.5% from the second quarter of 2023.Revenues generated from chatting services in the second quarter of 2024 were US$54.9 million.Revenues generated from games services in the second quarter of 2024 were US$26.2 million.Net income was US$31.4 million in the seco

DUBAI, UAE, Aug. 2, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the second quarter 2024 after the U.S. market closes on Monday, August 12, 2024. Yalla Group Limited will hold a conference call on Monday, August 12, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, August 13, 2024, or 8:00 AM Beijing Time on Tuesday, August 13, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-6003 Inte

DUBAI, UAE, May 20, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operating Highlights Revenues were US$78.7 million in the first quarter of 2024, representing an increase of 7.1% from the first quarter of 2023.Revenues generated from chatting services in the first quarter of 2024 were US$52.2 million.Revenues generated from games services in the first quarter of 2024 were US$26.5 million.Net income was US$31.1 million in the first quar

DUBAI, UAE, May 10, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the first quarter 2024 after the U.S. market closes on Monday, May 20, 2024. Yalla Group Limited will hold a conference call on Monday, May 20, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, May 21, 2024, or 8:00 AM Beijing Time on Tuesday, May 21, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-6003 International: +1

DUBAI, UAE, April 24, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today published its 2023 Environmental, Social and Governance (ESG) Report. The report details the Company's performance and future goals across five major areas, including responsible governance, environment, trust, people and community, highlighting its ongoing sustainability efforts and progress. Mr. Tao Yang, Founder, Chairman and CEO of Yalla, commented, "ESG has been an essential component of our long-term business vision and core values since day one. Amid 2023's dynamic international

DUBAI, UAE , April 23, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it has filed its annual report on Form 20-F that includes its audited financial statements for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission (the "SEC") on April 23, 2024, U.S. Eastern Time. The annual report can be accessed on Yalla's investor relations website at https://ir.yalla.com and on the SEC's website at https://www.sec.gov. The Company will also provide a hard copy of the annual report containing its audited consolidat

DUBAI, UAE, March 11, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operating Highlights Revenues were US$80.9 million in the fourth quarter of 2023, representing an increase of 7.7% from the fourth quarter of 2022.Revenues generated from chatting services in the fourth quarter of 2023 were US$52.2 million.Revenues generated from games services in the fourth quarter of 2023 were US$28.5 million.Net income was US$29.7

DUBAI, UAE, March 1, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the fourth quarter and full year 2023 after the U.S. market closes on Monday, March 11, 2024. Yalla Group Limited will hold a conference call on Monday, March 11, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, March 12, 2024, or 8:00 AM Beijing Time on Tuesday, March 12, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-31

6-K - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

20-F - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

20-F - Yalla Group Ltd (0001794350) (Filer)

6-K - Yalla Group Ltd (0001794350) (Filer)

DUBAI, UAE, Nov. 11, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operating Highlights Revenues were US$88.9 million in the third quarter of 2024, representing an increase of 4.4% from the third quarter of 2023.Revenues generated from chatting services in the third quarter of 2024 were US$58.5 million.Revenues generated from games services in the third quarter of 2024 were US$30.2 million.Net income was US$39.2 million in the third

DUBAI, UAE, Nov. 1, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the third quarter 2024 after the U.S. market closes on Monday, November 11, 2024. Yalla Group Limited will hold a conference call on Monday, November 11, 2024, at 8:00 PM Eastern Time, 5:00 AM Dubai Time on Tuesday, November 12, 2024, or 9:00 AM Beijing Time on Tuesday, November 12, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-60

DUBAI, UAE, Aug. 12, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Revenues were US$81.2 million in the second quarter of 2024, representing an increase of 2.5% from the second quarter of 2023.Revenues generated from chatting services in the second quarter of 2024 were US$54.9 million.Revenues generated from games services in the second quarter of 2024 were US$26.2 million.Net income was US$31.4 million in the seco

DUBAI, UAE, Aug. 2, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the second quarter 2024 after the U.S. market closes on Monday, August 12, 2024. Yalla Group Limited will hold a conference call on Monday, August 12, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, August 13, 2024, or 8:00 AM Beijing Time on Tuesday, August 13, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-6003 Inte

DUBAI, UAE, May 20, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operating Highlights Revenues were US$78.7 million in the first quarter of 2024, representing an increase of 7.1% from the first quarter of 2023.Revenues generated from chatting services in the first quarter of 2024 were US$52.2 million.Revenues generated from games services in the first quarter of 2024 were US$26.5 million.Net income was US$31.1 million in the first quar

DUBAI, UAE, May 10, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the first quarter 2024 after the U.S. market closes on Monday, May 20, 2024. Yalla Group Limited will hold a conference call on Monday, May 20, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, May 21, 2024, or 8:00 AM Beijing Time on Tuesday, May 21, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-317-6003 International: +1

DUBAI, UAE, March 11, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 Financial and Operating Highlights Revenues were US$80.9 million in the fourth quarter of 2023, representing an increase of 7.7% from the fourth quarter of 2022.Revenues generated from chatting services in the fourth quarter of 2023 were US$52.2 million.Revenues generated from games services in the fourth quarter of 2023 were US$28.5 million.Net income was US$29.7

DUBAI, UAE, March 1, 2024 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the fourth quarter and full year 2023 after the U.S. market closes on Monday, March 11, 2024. Yalla Group Limited will hold a conference call on Monday, March 11, 2024, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, March 12, 2024, or 8:00 AM Beijing Time on Tuesday, March 12, 2024, to discuss the financial results. Listeners may access the call by dialing the following numbers: United States Toll Free:  +1-888-31

DUBAI, UAE, Nov. 20, 2023 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operating Highlights Revenues were US$85.2 million in the third quarter of 2023, representing an increase of 6.4% from the third quarter of 2022.Revenues generated from chatting services in the third quarter of 2023 were US$53.9 million.Revenues generated from games services in the third quarter of 2023 were US$31.2 million.Net income was US$35.2 million in the third

DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operating Highlights Revenues were US$79.2 million in the second quarter of 2023, representing an increase of 4.1% from the second quarter of 2022.- Revenues generated from chatting services in the second quarter of 2023 were US$55.2 million. - Revenues generated from games services in the second quarter of 2023 were US$24.0 million. Net income was US$28.3 million in the

Key Takeaways: Yalla’s revenue continues to grow, as it consolidates its place as a leading Middle Eastern social media and gaming company The company announced its entry to a major British gaming association, as it looks to bring established hardcore games to the Middle East to jumpstart its growth By Doug Young What do you do when you have a well-oiled high-performance car, but have no place to drive it immediately beyond your own backyard? That’s the question facing Yalla Group Ltd. (NYSE:YALA), which has consistently boasted very strong profit growth as it hones its core apps that have made it one of the Middle East and North Africa’s (MENA) top social media and gaming operators.

Yalla Group (NYSE:YALA) reported quarterly Adj earnings of $0.20 per share. The company reported quarterly sales of $78.729 million which beat the analyst consensus estimate of $78.055 million by 0.86 percent. This is a 7.09 percent increase over sales of $73.518 million the same period last year.

Key Takeaways: Yalla’s revenue could return to double-digit growth in the first quarter, as it improves its user monetization and rolls out new functions for its core social media services The company said its first two hardcore games were valuable test cases and is shifting its focus to working with more established game publishers By Doug Young Leading Middle Eastern social media company Yalla Group Ltd. (NYSE:YALA) is getting ready for “Act Two” of its move into mid- and hardcore games, after drawing the curtain on a first act that brought it valuable experience, if not huge new revenues. The company detailed its experience with its foray into serious gaming last year in its lates

Yalla Group (NYSE:YALA) reported quarterly Adj earnings of $0.19 per share. This is a 58.33 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $80.92 million which beat the analyst consensus estimate of $79.96 million by 1.21 percent. This is a 7.74 percent increase over sales of $75.11 million the same period last year.

Companies Reporting Before The Bell • Ballard Power Systems (NASDAQ:BLDP) is estimated to report quarterly loss at $0.13 per share on revenue of $34.20 million. • Endeavor Gr Hldgs (NYSE:EDR) is likely to report quarterly earnings at $0.02 per share on revenue of $49.47 million. • SilverCrest Metals (AMEX:SILV) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Global X Silver Miners ETF (NYSE:SIL) is likely to report quarterly earnings at $0.10 per share on revenue of $44.09 million. • Legend Biotech (NASDAQ:LEGN) is projected to report quarterly loss at $0.83 per share on revenue of $86.52 million. • Genie Energy (NYSE:GNE) is projected to repor

What Defines a Value Stock? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Benzinga Insights has compiled a list of value stocks in the technology sector that may be worth watching: Daktronics (NASDAQ:DAKT) - P/E: 7.45 Movella Holdings (NASDAQ:MVLA) - P/E: 0.13 Sigmatron Intl (NASDAQ:SGMA) - P/E: 2.35 Yalla Group (NYSE:YALA) - P/E: 8.54 FiscalNote

What are Value Stocks? A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. Below is a list of notable value stocks in the technology sector: United Microelectronics (NYSE:UMC) - P/E: 8.88 ClearOne (NASDAQ:CLRO) - P/E: 1.19 Yalla Group (NYSE:YALA) - P/E: 9.2 Avnet (NASDAQ:AVT) - P/E: 5.55 Tower Semiconductor (NASDAQ:TSEM) - P/E: 5.96 United Microelectr

Gainers Anghami (NASDAQ:ANGH) stock increased by 39.2% to $2.2 during Tuesday's regular session. As of 12:30 EST, this security is trading at a volume of 37.7 million shares, making up 137923.0% of its average full-day volume over the last 100 days. The company's market cap stands at $57.2 million. Brera Holdings (NASDAQ:BREA) stock moved upwards by 23.27% to $0.99. The company's market cap stands at $11.2 million. Direct Digital Holdings (NASDAQ:DRCT) shares rose 21.87% to $7.69. Direct Digital Holdings's stock is trading at a volume of 416.4K shares as of 12:30 EST. This is 80.1% of its average full-day volume over the last 100 days. The company's market cap stands at $109.7 million. G

Yalla Group (NYSE:YALA) reported quarterly earnings of $0.21 per share. This is a 23.53 percent increase over earnings of $0.17 per share from the same period last year. The company reported $85.19 million in sales this quarter. This is a 6.40 percent increase over sales of $80.06 million the same period last year.