YY Stock Recent News

Breaking news hit Morning on Close as Tesla (TSLA) reported a 13% year-over-year drop in deliveries for first quarter. Jenny Horne notes the selling action surrounding the print.

U.S. stock futures were lower this morning, with the Dow futures falling around 200 points on Thursday.

JOYY Inc. (NASDAQ:YY ) Q4 2024 Earnings Conference Call March 19, 2025 9:00 PM ET Company Participants Jane Xie - Investor Relations Senior Manager Ting Li - Chairperson of the Board & CEO Alex Liu - Vice President of Finance Conference Call Participants Thomas Chong – Jefferies Yiwen Zhang - China Renaissance Brian Gong - Citi Raphael Chen - BOCI Research Operator Ladies and gentlemen, thank you for standing by, and welcome to the JOYY Inc.'s Fourth Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode.

SINGAPORE , March 19, 2025 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global technology company, announced its unaudited financial results for the fourth quarter and full year of 2024. In the fourth quarter, JOYY's revenue reached US$549.4 million, with BIGO achieving revenues of US$480.0 million.

SINGAPORE, March 12, 2025 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”), a global technology company, today announced that it plans to release its fourth quarter and full year 2024 financial results after the U.S. market closes on March 19, 2025.

JOYY's deal to sell YY Live to Baidu finally closed. JOYY got an additional $240 million cash payout. Bigo Live's temporary app store removal will likely hurt near term results, but investors will look past this. Likee briefly benefited from the TikTok ban, but downloads petered out quickly. Now TikTok is back & Likee has similar usage as before.

Baidu said on Tuesday it has acquired JOYY's live-streaming business in mainland China in a deal for about $2.1 billion.

JOYY beat Q2 earnings and sales estimates. It only trades at 10.9x 2025 EPS estimates despite beating estimates 100% of the time in the past 2 years. The company has $2.7 billion more in assets (net of goodwill) than liabilities, yet only has a $2 billion market cap. Developed country sales were up 32%. This is now 54% of the business.

JOYY Inc (NASDAQ:YY ) Q2 2024 Results Conference Call August 27, 2024 9:00 PM ET Company Participants Tingzhen Xie - Investor Relations Senior Manager Ting Li - Chairperson of the Board & CEO Xueling Li - Co-Founder & Former Director Fuyong Liu - Vice President of Finance Conference Call Participants Thomas Chong - Jefferies Lei Zhang - Bank of America Brian Gong - Citi Operator Ladies and gentlemen, thank you for standing by, and welcome to the JOYY Inc.'s Second Quarter 2024 Earnings Call. [Operator Instructions] I'd now like to hand the conference over to your host today, Jane Xie, the company's Senior Manager of Investor Relations.

SINGAPORE , Aug. 27, 2024 /PRNewswire/ -- JOYY Inc. (NASDAQ: YY) ("JOYY" or the "Company"), a global leading technology company, announced its unaudited financial results for the second quarter of 2024. During the second quarter, JOYY's revenue came in at US$565.1 million, a year-over-year increase of 3.3%.