Yalla Group Q1 Non-GAAP EPS, Revenue Rise; Q2 Outlook Set -- Shares Fall After Hours
MT Newswires Live
May 20
Yalla Group (YALA) reported Q1 non-GAAP earnings late Monday of $0.22 per diluted share, up from $0.20 a year earlier.
FactSet estimates for EPS were not available for comparison.
Revenue in the quarter ended March 31 rose to $83.9 million from $78.7 million a year earlier.
Two analysts polled by FactSet expected $81.8 million.
For Q2, the company said it expects revenue of $76 million to $83 million. A single analyst polled by FactSet expects $86.9 million.
Shares of Yalla Group were down more than 14% in after-hours activity.
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