Yalla Group Limited Reports Increase In Q1 Bottom Line

Yalla Group Limited (YALA) reported earnings for its first quarter that increased from the same period last year

The company's earnings totaled $36.38 million, or $0.20 per share. This compares with $31.07 million, or $0.17 per share, last year.

Excluding items, Yalla Group Limited reported adjusted earnings of $39.84 million or $0.22 per share for the period.

The company's revenue for the period rose 6.5% to $83.876 million from $78.728 million last year.

Yalla Group Limited earnings at a glance (GAAP) :

-Earnings: $36.38 Mln. vs. $31.07 Mln. last year.
-EPS: $0.20 vs. $0.17 last year.
-Revenue: $83.876 Mln vs. $78.728 Mln last year.

-Guidance:
Next quarter revenue guidance: $76.0 - $83.0 Mln

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com