On November 12th, the company announced its third-quarter results after the post-market trading on Monday. The data shows that the Q3 revenue was $88.9 million, a 4.4% year-on-year increase, exceeding market expectations; net income was $39.2 million, an 11.2% year-on-year increase; Non-GAAP diluted eps was $0.24, compared to $0.21 in the same period last year. $Yalla (YALA.US)$ On November 12th, the company announced its third-quarter results after the post-market trading on Monday. The data shows that the Q3 revenue was $88.9 million, a 4.4% year-on-year increase, exceeding market expectations; net income was $39.2 million, an 11.2% year-on-year increase; Non-GAAP diluted eps was $0.24, compared to $0.21 in the same period last year.

By business segment, chat services business revenue was $58.5 million, while game services business revenue was $30.2 million.

The average monthly active users (MAU) were 40.2 million, a 14.5% year-on-year increase. The number of paying users was 12.6 million, a 12.0% year-on-year increase.

Looking ahead, yalla expects fourth-quarter revenue for 2024 to be between $77 million and $84 million.