核心产品Bigo Live月活跃用户(MAU)为3650万，上年同期为4030万;Bigo板块付费用户总数为162万，上年同期为161万;Bigo板块每付费用户平均收入(ARPPU)为231.4美元，上年同期为253.4美元。Joyy (YY.US) released the financial report for the third quarter of 2024.
According to the Futu Securities app, Joyy (YY.US) released the financial report for the third quarter of 2024. The report indicates that Joyy's Q3 revenue was $0.5587 billion, a 1.5% decrease from the same period last year's $0.5671 billion; under non-US GAAP, net income attributable to Joyy Group's controlling interests and common shareholders was $61.2 million, a 24.6% drop from last year's $81.2 million; diluted earnings per ADS was $1.07, compared to $1.22 in the same period last year.
The live broadcast revenue in the third quarter was $0.4395 billion, an 11.4% decrease from the previous year's $0.4958 billion; while revenue from other businesses reached $0.1192 billion, a 67.2% increase year-on-year.
The core product Bigo Live's monthly active users (MAU) were 36.5 million, compared to 40.3 million in the same period last year; the total number of paying users in the Bigo segment was 1.62 million, up from 1.61 million in the previous year; the average revenue per paying user (ARPPU) in the Bigo segment was $231.4, down from $253.4 in the same period last year.
During the quarter ending on September 30, 2024, the company repurchased 3.43 million ADS shares, totaling $0.1178 billion. According to the share buyback plan extended by the board of directors in August 2024, the company can repurchase up to $0.4 billion worth of shares by the end of November 2025.
Looking ahead, Joyy expects fourth-quarter revenue in 2024 to be between $0.546 billion and $0.563 billion.
After the post-market trading on Tuesday, Joyy's stock price rose by 1.20% to $35.42.
