Home Market News The Power of JOYY: YY Surpasses Analyst Expectations, Achieves Strong Q4 2023 Results

The Power of JOYY: YY Surpasses Analyst Expectations, Achieves Strong Q4 2023 Results

0
The Power of JOYY: YY Surpasses Analyst Expectations, Achieves Strong Q4 2023 Results
YY stock - YY Stock Earnings: JOYY Beats EPS, Beats Revenue for Q4 2023

Source: iQoncept / Shutterstock

Surpassing market expectations, JOYY (NASDAQ:YY) has recently unveiled its performance for the final quarter of 2023.

  • The company disclosed earnings per share of $1.01, outshining the projected EPS of 77 cents.
  • Moreover, JOYY saw revenues amounting to $569.84 million, marking a significant 2.07% increase compared to the anticipated revenue of $558.30 million by analysts.

InvestorPlace Earnings operates by utilizing TradeSmith data to automate coverage of quarterly earnings reports. This mechanism provides concise summaries of crucial aspects like earnings per share and revenue, along with a comparison to analyst forecasts. Importantly, these reports are generated swiftly and autonomously to promptly update our readers. Should you identify any issues or discrepancies, please reach out to us at [email protected].


Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/yy-stock-earnings-joyy-for-q4-of-2023/.

©2024 InvestorPlace Media, LLC