JOYY Inc reported second-quarter earnings that missed analyst expectations on earnings per share but topped revenue forecasts.
The company posted adjusted EPS of $1.24, below the consensus estimate of $1.44, marking a $0.20 shortfall. Revenue totaled $590.75 million, exceeding the $569.85 million forecast.
JOYY’s stock closed at $75.00, reflecting an 11.23% gain over the past three months and a 40.08% increase over the last 12 months. The company has seen no positive EPS revisions and one negative revision in the past 90 days, according to InvestingPro data.
InvestingPro’s Financial Health score for JOYY is listed as "good performance."
