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JOYY rises despite decline in Q3 revenue, lower Y/Y Q4 guidance

Nov. 29, 2022 12:55 PM ETYYBy: Mary Christine Joy, SA News Editor

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Social media company JOYY (YY) was up by ~7% during market hours despite posting a decline in Q3 revenue and lower Y/Y Q4 guidance.

Q3 non-GAAP EPADS of $0.96 beats by $0.59. Revenue of $586.7M (-9.8% Y/Y) misses by $2.1M.

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