Yahoo Finance JOYY Full Year 2023 Earnings: EPS Beats Expectations
JOYY (NASDAQ:YY) Full Year 2023 Results
Key Financial Results
Revenue: US$2.27b (down 6.0% from FY 2022).
Net income: US$347.4m (up 191% from FY 2022).
Profit margin: 15% (up from 5.0% in FY 2022).
EPS: US$5.71 (up from US$1.66 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
JOYY EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's shares are down 4.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 3 warning signs for JOYY (1 shouldn't be ignored!) that we have uncovered.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
