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JOYY Inc - YY STOCK NEWS

Welcome to our dedicated news page for JOYY (Ticker: YY), a resource for investors and traders seeking the latest updates and insights on JOYY.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect JOYY's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of JOYY's position in the market.

News
JOYY Inc. Announces Repurchase Right Notification for 1.375% Convertible Senior Notes due 2026
Rhea-AI Summary
JOYY Inc. announces the notification to holders of its 1.375% Convertible Senior Notes due 2026 regarding the Repurchase Right. Holders have the option to require the Company to repurchase their notes for cash on June 15, 2024. The Repurchase Right becomes exercisable on May 10, 2024, and expires on June 13, 2024. The Company will file a Tender Offer Statement on Schedule TO today. The repurchase price is equal to 100% of the principal amount of the notes plus any accrued and unpaid interest. As of April 11, 2024, there was US$406,038,000 in aggregate principal amount of the notes outstanding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.21%
Tags
buyback
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News
JOYY Reports Fourth Quarter and Full Year 2023 Financial Results: Third Consecutive Year of Profitability, Global MAU Resumes Growth
Rhea-AI Summary
JOYY Inc. (YY) announced unaudited financial results for Q4 and full year 2023, with revenue reaching US$2.27 billion for the year. The company reported net profit of US$302 million and non-GAAP net profit of US$293 million for 2023. JOYY repurchased shares and distributed cash dividends totaling US$355 million in 2023. The BIGO segment saw operating profit of US$230 million for the year. Global average mobile MAUs grew for three consecutive quarters in 2023. JOYY aims for globalization through localization in 2024 to drive sustainable growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.66%
Tags
earnings
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News
JOYY Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results
Rhea-AI Summary
JOYY Inc. announced its unaudited financial results for Q4 and full year 2023, with net revenues of US$569.8M in Q4 and US$2,267.9M for the full year. The company reported positive net income and non-GAAP net income for both periods, showing growth in average mobile MAUs and paying users. Operating income improved, and the company had a strong balance sheet with US$3,685.6M in cash and cash equivalents. Despite challenges, JOYY remains focused on product enhancements, operational efficiency, and global growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.66%
Tags
earnings
News
JOYY to Announce Fourth Quarter and Full Year 2023 Financial Results on March 18, 2024
Rhea-AI Summary
JOYY Inc. (YY) announces the release of its fourth quarter and full year 2023 financial results on March 18, 2024. The earnings conference call will be held at 9:00 PM U.S. Eastern Time on March 18, 2024, with details for participation provided. A live and archived webcast will be accessible on the Company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
earnings
-
News
JOYY Announces Latest Development in Sale of YY Live
Rhea-AI Summary
JOYY Inc. (NASDAQ: YY) received a notice from Baidu, Inc. terminating the Share Purchase Agreement for the acquisition of JOYY’s domestic video-based entertainment live streaming business, YY Live. The Company is seeking legal advice and considering its options in response to the Notice.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
JOYY Reports Third Quarter 2023 Results: Profitability Sustains, BIGO Regains Revenue Growth
Rhea-AI Summary
JOYY Inc. (NASDAQ: YY) reported a 3.6% sequential increase in total revenues to US$567.1 million for Q3 2023. BIGO segment revenues grew by 4.9% to US$494.1 million, marking the first year-over-year growth in six quarters. Net profit was US$72.9 million with a 12.9% margin. Bigo Live's MAUs grew by 14% year over year to 40.3 million. The company repurchased US$43.5 million of its shares in Q3, returning a total of US$355.4 million to shareholders in the first three quarters of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
earnings
News
JOYY Reports Third Quarter 2023 Unaudited Financial Results
Rhea-AI Summary
JOYY Inc. (NASDAQ: YY) announced unaudited Q3 2023 financial results with net revenues of US$567.1 million, a decrease from US$586.7 million in Q3 2022. The company reported net income of US$72.9 million, down from US$515.3 million in the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
earnings
-
News
JOYY to Announce Third Quarter 2023 Financial Results on November 29, 2023
Rhea-AI Summary
JOYY Inc. (NASDAQ: YY) plans to release its third quarter 2023 financial results on November 29, 2023, and will host an earnings conference call. The event details and registration link are provided. A live and archived webcast will be available at the Company’s investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
earnings
-
News
JOYY Reports Second Quarter 2023 Unaudited Financial Results
Rhea-AI Summary
JOYY Inc. reports unaudited financial results for Q2 2023. Net revenues decrease to $547.3M from $596.1M YoY. Net income increases to $155.1M from $18.7M YoY. Average mobile MAUs of Bigo Live increase by 18.0% YoY. Total number of paying users of BIGO increases by 5.4% YoY. Non-GAAP net income increases to $97.3M from $51.5M YoY. Company repurchased $214.3M worth of shares in Q2 2023. Q3 2023 net revenues expected to be between $537M and $567M. Quarterly dividend of $0.20 per ADS declared. Share repurchase program authorized to repurchase up to $1B of shares.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
earnings
News
JOYY to Announce Second Quarter 2023 Financial Results on August 29, 2023
Rhea-AI Summary
JOYY Inc. plans to release its Q2 2023 financial results on August 29, 2023. Earnings conference call scheduled for the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.99%
Tags
earnings
Stock YY logo
JOYY Inc

Nasdaq:YY

YY Rankings

#1873 Ranked by Market Cap
#357 Ranked by Stock Gains
#1264 Ranked by Dividends

YY Stock Data

2.00B
734.50M
2%
70.73%
2.8%
Data Processing, Hosting, and Related Services
Information
Link
China (Mainland)
Guangzhou

About YY

yy inc. is china's leading online social entertainment platform. it engages users through audio, video and text in a wide range of group activities, such as music shows, online game streaming, and dating shows. with its variety of content and superior user experience, yy offers its large social user community a more immersive, interactive, enriching and engaging entertainment experience. founded as an online games web portal in 2005, yy has transformed itself into a multifaceted online social entertainment platform in the past decade. today, it has more than 10m different channels and 117m monthly active users. on average, our users spend approximately 48 hours on yy each month. yy is headquartered in guangzhou, china. it employs more than 3,000 people, mainly in china. it has been listed on nasdaq since november 2012 (nasdaq:yy) and generated us$ 593m revenues and us$173m operating profit in the fiscal year of 2014.