JOYY Incorporated Reports $62M Profit, Positive Outlook

JOYY Incorporated, a Singapore-based social media company, reported a significant profit of $62 million in Q3, translating to a net income of $1.15 per share. Adjusted earnings per share reached $1.36, indicating strong operational efficiency and financial health. The companys total revenue for the quarter was $540.2 million, reflecting continued growth. JOYY expects revenue to range from $563 million to $578 million in the current quarter, signaling positive momentum.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.