Joyy Inc Stock Price, News & Analysis

JOYY Inc. (NASDAQ: YY) plans to announce its second quarter 2022 financial results after the U.S. market closes on August 29, 2022. An earnings conference call will be hosted at 9:00 PM U.S. Eastern Time on the same day, with registration required for participants. The call will be accessible via the company’s investor relations website, where a live and archived webcast will also be available. JOYY operates several social products including Bigo Live and Likee, aiming to enhance real-time interactions and enrich user experiences through video.

JOYY Inc. (NASDAQ: YY) reported its Q1 2022 financial results, revealing total revenues of US$623.8 million and a non-GAAP net income of US$20.9 million, improving from a net loss in the previous year. BIGO contributed US$534.6 million in revenues, with a net income margin of 11.2%. The company achieved a positive operating cash flow of US$59.2 million and executed a US$80.2 million share repurchase, affirming its growth potential amid market challenges. JOYY aims for continued profitability and expansion in the global social entertainment market.

JOYY Inc. (YY) reported Q1 2022 net revenues of US$623.8 million, down from US$643.1 million in Q1 2021. The net loss from continuing operations improved to US$27.5 million from US$87.3 million year-over-year, driven by profitability from BIGO. Non-GAAP net income was US$20.9 million, contrasting with a US$24.1 million loss in Q1 2021. Average mobile MAUs for Bigo Live rose 8.8%, while Likee and Hago saw significant declines. The company plans to repurchase US$200 million in shares as part of its strategy to enhance shareholder value.

JOYY Inc. (NASDAQ: YY) announced it will release its first quarter 2022 financial results on May 31, 2022, after U.S. market close. The earnings conference call is scheduled for 9:00 PM U.S. Eastern Time, where management will discuss the results. Due to COVID-19, participants must register in advance for the call. JOYY operates various social media products, including Bigo Live and Likee, and aims to connect users through video interactions. The company has been listed on NASDAQ since November 2012.

JOYY Inc. (NASDAQ: YY) has been provisionally identified as a Commission-Identified Issuer by the SEC under the Holding Foreign Companies Accountable Act (HFCAA) after filing its annual report for the fiscal year ending December 31, 2021. This identification could lead to restrictions on trading its shares if the company fails to address PCAOB inspection requirements within three years. The company is exploring options to comply with applicable regulations while aiming to maintain its Nasdaq listing. JOYY has expanded globally since 2019, operating across multiple markets.

JOYY Inc. (NASDAQ: YY) announced the filing of its annual report on Form 20-F for the fiscal year ending December 31, 2021, with the SEC on April 29, 2022. The report is accessible via the Company's investor relations website. Shareholders can request a hard copy of the annual report containing audited financial statements free of charge. JOYY Inc. is a global leader in social media, operating platforms like Bigo Live and Likee, promoting real-time user interaction through video.

JOYY Inc. (NASDAQ: YY) reported strong financial results for the fourth quarter and full year of 2021. Full-year revenues increased by 36.5% to US$2.619 billion, with fourth-quarter revenues rising 16.8% to US$663.7 million. Non-GAAP net income reached US$108.9 million for the year, marking the first full-year profitability post-deconsolidation of YY Live. JOYY's board has authorized $1.2 billion for share repurchases and paid out $160 million in dividends, highlighting confidence in long-term growth. The company aims to expand its global social entertainment ecosystem in 2022.

JOYY Inc. (YY) reported its 2021 financial results, showing a 36.5% increase in net revenues to US$2,619.1 million, fueled by growth in live streaming services. The fourth quarter revenues rose by 16.8% to US$663.7 million, with net income of US$73.2 million compared to a loss in 2020. Non-GAAP net income for the year was US$108.9 million. The company announced a quarterly dividend of US$0.51 per ADS and plans to repurchase up to US$1 billion in shares. For Q1 2022, it expects revenues between US$601 million and US$616 million.

JOYY Inc. (NASDAQ: YY) will release its fourth quarter and full year 2021 financial results on March 15, 2022, after U.S. market close. An earnings conference call is scheduled for 9:00 PM U.S. Eastern Time the same day, with a pre-registration link for participants. The call will be accessible via the company's investor relations website. JOYY, known for its live media and social interaction products, aims to connect users globally through video. The company was listed on NASDAQ in 2012 and continues to engage a vibrant community worldwide.