Yalla Q2 Adjusted Earnings, Revenue Decline; Q3 Guidance Set

MT Newswires Live
Aug 18

Yalla (YALA) reported Q2 adjusted earnings late Monday of $0.21 per diluted share, down from $0.22 a year earlier.

Revenue for the three months ended June 30 was $82.6 million, down from $84.6 million a year earlier.

Two analysts expected $79.1 million.

For Q3, the company expects revenue of $78 million to $85 million.

One analyst expects $89.4 million.

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