Yalla Group Q1 2024 Adj EPS $0.20, Sales $78.729M Beat $78.055M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yalla Group (NYSE:YALA) reported Q1 2024 adjusted earnings per share (EPS) of $0.20 and sales of $78.729 million, beating the analyst consensus estimate of $78.055 million. This represents a 7.09% increase in sales compared to the same period last year.
May 20, 2024 | 9:11 pm
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Yalla Group reported Q1 2024 adjusted EPS of $0.20 and sales of $78.729 million, surpassing analyst estimates. This marks a 7.09% year-over-year increase in sales.
Yalla Group's better-than-expected earnings and sales figures, along with a significant year-over-year increase in sales, are likely to positively impact the stock price in the short term.
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