JOYY IncJOYY
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Impact on stocks 1
Communication Services
JOYY IncJOYY IncJOYY Inc reported first-quarter 2026 total revenue of $556 million, a 12.4% year-over-year increase and its strongest growth rate in recent years. Social Entertainment revenue returned to growth with a 3.2% rise to $400 million, while BIGO Ads surged 55.6% to $125 million and SHOPLINE, reported as a standalone segment for the first time, grew 16.1% to $31 million. Non-GAAP operating profit rose 22.5% to $38 million, and the company guided for second-quarter revenue between $562 million and $581 million, implying 10.7% to 14.4% year-over-year growth. JOYY also announced a new three-year shareholder return program totaling $1.5 billion, comprising $600 million in share buybacks and $900 million in dividends, reflecting confidence in its long-term potential.
JOYY Inc