JOYY (JOYY) reported Q4 non-GAAP earnings Tuesday of $1.34 per diluted American depositary share, down from $1.77 a year earlier.

Three analysts polled by FactSet expected $1.38.

Revenue for the quarter ended Dec. 31 was $581.9 million, up from $549.4 million a year earlier.

Analysts surveyed by FactSet expected $565 million.

For Q1, the Chinese digital entertainment company expects revenue of $538 million to $548 million. A single analyst polled by FactSet expects $551 million.

The company has also declared a quarterly and additional cash dividend of $1.38 per American depositary share, payable May 8 to shareholders of record as of April 22.

Shares of the company were up over 5% in recent premarket activity Wednesday.

Price: 63.10, Change: +3.30, Percent Change: +5.52