YY, Inc. (YY) Tops Q4 EPS by 1c

Go back to YY, Inc. (YY) Tops Q4 EPS by 1c

YY Reports Fourth Quarter and Full Year 2018 Unaudited Financial Results

March 4, 2019 5:30 PM EST

GUANGZHOU, China, March 05, 2019 (GLOBE NEWSWIRE) -- YY Inc. (NASDAQ: YY) (YY or the Company), a leading live streaming social media platform in China, today announced its unaudited financial results for the fourth quarter and full year of 2018.

Fourth Quarter 2018 Highlights

Net revenues increased by 28.0% to RMB4,640.9 million (US$675.0 million) from RMB3,626.5 million in the corresponding period of 2017.Net income attributable to YY was RMB684.0 million (US$99.5 million), compared to RMB740.4 million in the corresponding period of 2017.Non-GAAP net income attributable to YY1 was RMB836.2 million... More