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

DUBAI, UAE, May 19, 2025 /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, 2025. First Quarter 2025 Financial and Operating Highlights Revenues were US$83.9 million in the first quarter of 2025, representing an increase of 6.5% from the first quarter of 2024.Revenues generated from chatting services in the first quarter of 2025 were US$53.5 million.Revenues generated from games services in the first quarter of 2025 were US$30.1 million.Net income was US$36.4 million in the first quar

DUBAI, UAE, May 9, 2025 /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 2025 after the U.S. market closes on Monday, May 19, 2025. Yalla Group Limited will hold a conference call on Monday, May 19, 2025, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, May 20, 2025, or 8:00 AM Beijing Time on Tuesday, May 20, 2025, 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, 2025 /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 2024 Environmental, Social and Governance (ESG) Report. The report outlines the Company's 2024 ESG performance and forward-looking strategy across five key pillars: responsible governance, environmental stewardship, trust, people, and community engagement, underscoring its continued commitment to sustainable development. Tao Yang, Founder, Chairman, and CEO of Yalla, stated, "2024 was a pivotal year in Yalla Group's development, marked by our strengthened commitment to sus

DUBAI, UAE, April 23, 2025  /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, 2024 with the U.S. Securities and Exchange Commission (the "SEC") on April 23, 2025, 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 10, 2025 /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, 2024. Fourth Quarter 2024 Financial and Operating Highlights Revenues were US$90.8 million in the fourth quarter of 2024, representing an increase of 12.2% from the fourth quarter of 2023.Revenues generated from chatting services in the fourth quarter of 2024 were US$59.8 million.Revenues generated from games services in the fourth quarter of 2024 were US$30.8 million.Net income was US$32.5

DUBAI, UAE, March 4, 2025 /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 2024 after the U.S. market closes on Monday, March 10, 2025. Yalla Group Limited will hold a conference call on Monday, March 10, 2025, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, March 11, 2025, or 8:00 AM Beijing Time on Tuesday, March 11, 2025, 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. 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, Nov. 8, 2021 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE:YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that Mr. Saeed Al Hamli, former Chief Executive Officer of Etisalat Egypt, has been appointed as an independent director to the board of directors (the "Board"), effective November 7th, 2021. Mr. Al Hamli will serve as a member of audit committee. Mr. Al Hamli is an accomplished telecommunications executive with excellent leadership skills and extensive experience navigating challenging environments. He had held leading positions in Etisalat Group, a multinationa

DUBAI, UAE, Feb. 1, 2021 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced that Ms. Lili Xu has been appointed as an independent director on the Company's board of directors (the "Board"), effective on February 1, 2021. Ms. Xu will serve as a member of audit committee. Ms. Xu has been the chief financial officer of Hangzhou KangSheng Health Consulting Co., Ltd. since October 2020. In addition, Ms. Xu has been serving as an independent director of MINISO Group Holding Limited (NYSE: MNSO). Ms. Xu received a bachelor's degree in inter

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DUBAI, UAE, May 19, 2025 /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, 2025. First Quarter 2025 Financial and Operating Highlights Revenues were US$83.9 million in the first quarter of 2025, representing an increase of 6.5% from the first quarter of 2024.Revenues generated from chatting services in the first quarter of 2025 were US$53.5 million.Revenues generated from games services in the first quarter of 2025 were US$30.1 million.Net income was US$36.4 million in the first quar

DUBAI, UAE, May 9, 2025 /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 2025 after the U.S. market closes on Monday, May 19, 2025. Yalla Group Limited will hold a conference call on Monday, May 19, 2025, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, May 20, 2025, or 8:00 AM Beijing Time on Tuesday, May 20, 2025, 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 10, 2025 /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, 2024. Fourth Quarter 2024 Financial and Operating Highlights Revenues were US$90.8 million in the fourth quarter of 2024, representing an increase of 12.2% from the fourth quarter of 2023.Revenues generated from chatting services in the fourth quarter of 2024 were US$59.8 million.Revenues generated from games services in the fourth quarter of 2024 were US$30.8 million.Net income was US$32.5

DUBAI, UAE, March 4, 2025 /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 2024 after the U.S. market closes on Monday, March 10, 2025. Yalla Group Limited will hold a conference call on Monday, March 10, 2025, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, March 11, 2025, or 8:00 AM Beijing Time on Tuesday, March 11, 2025, 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. 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