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JOYY Q2 2024 Earnings Report

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$42.94 +1.27 (+3.05%)
As of 01/17/2025 04:00 PM Eastern

JOYY EPS Results

Actual EPS
$1.08
Consensus EPS
$0.81
Beat/Miss
Beat by +$0.27
One Year Ago EPS
N/A

JOYY Revenue Results

Actual Revenue
$565.13 million
Expected Revenue
$556.82 million
Beat/Miss
Beat by +$8.31 million
YoY Revenue Growth
N/A

JOYY Announcement Details

Quarter
Q2 2024
Time
N/A

Conference Call Resources

JOYY Earnings Headlines

JOYY Enhances Safety Measures Amid Bigo Live App Store Challenges
Bill Gates’ is about to mint millionaires (again) with Stargate.
This little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrough so advanced, it’s going to make ChatGPT look like VHS. But what’s even more unbelievable? I believe it’ll make Nvidia’s meteoric rise look like a backyard bottle rocket.
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About JOYY

JOYY (NASDAQ:YY), together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.

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