Yalla Group Limited (YALA) revealed earnings for first quarter that Drops, from last year
The company's earnings totaled $28.93 million, or $0.16 per share. This compares with $37.09 million, or $0.20 per share, last year.
Excluding items, Yalla Group Limited reported adjusted earnings of $33.83 million or $0.19 per share for the period.
The company's revenue for the period fell 5.8% to $79.00 million from $83.87 million last year.
Yalla Group Limited earnings at a glance (GAAP) :
-Earnings: $28.93 Mln. vs. $37.09 Mln. last year.-EPS: $0.16 vs. $0.20 last year.-Revenue: $79.00 Mln vs. $83.87 Mln last year.
-Guidance:Next quarter revenue guidance: $ 75.0 M To $ 82.0 M
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.