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Yalla Group Posts Higher Q1 Results, Sets Q2 Revenue Guidance

05/10/2021 13:59

05:51 PM EDT, 05/10/2021 (MT Newswires) -- Yalla Group (YALA) late Monday reported Q1 adjusted diluted EPS of $0.19, up from $0.07 a year ago.

Revenue increased to $67.6 million from $21.1 million in the year-ago quarter.

The Dubai-based company, which calls itself the leading voice-centric social media and entertainment platform in the Middle East and North Africa, said it expects Q2 revenue of $65 million to $71 million.

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