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BRIEF-Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations

05/10/2021 17:44
BRIEF-Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations

Yalla Group Ltd YALA.N:

  • YALLA GROUP LIMITED ANNOUNCES UNAUDITED FIRST QUARTER 2021 FINANCIAL RESULTS

  • Q1 REVENUE ROSE 221 PERCENT TO $67.6 MILLION

  • QTRLY EARNINGS PER SHARE $0.11 FROM CONTINUED OPERATIONS

  • AVERAGE MAUS INCREASED BY 206.9% TO 18.8 MILLION IN Q1 OF 2021

  • NUMBER OF PAYING USERS ON CO'S PLATFORM INCREASED BY 260.4% TO 5.8 MILLION IN Q1 OF 2021

  • FOR Q2 OF 2021, CO EXPECTS REVENUES TO BE BETWEEN US$65.0 MILLION AND US$71.0 MILLION

  • Q1 REVENUE VIEW $63.3 MILLION -- REFINITIV IBES DATA

  • Q2 REVENUE VIEW $58.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon: ID:nPn6xqsbPa

Further company coverage: YALA.N