JOYY (JOYY) has announced its first-quarter financial results, revealing a miss on both top-line and bottom-line estimates. The company reported Non-GAAP EPADS of $1.11, falling short of analyst expectations by $0.33.
Revenue for the quarter reached $555.7 million, marking a 12.4% year-over-year increase. However, this figure still missed consensus estimates by $2.97 million, indicating a softer performance than anticipated by the market.
In terms of profitability, JOYY’s Non-GAAP EBITDA stood at US$45.7 million. This compares to US$40.4 million reported in the corresponding period of 2025 and US$50.6 million in the fourth quarter.
The company also initiated its Q2 outlook, though specific details were not provided in the immediate release. Investors will be closely watching for further information regarding the company’s forward guidance following these Q1 results.
