Yalla Group Q2 2024 GAAP EPS $0.19, Same YoY, Sales $81.20M Beat $78.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Yalla Group (NYSE:YALA) reported Q2 2024 earnings per share (EPS) of $0.19, unchanged from the same period last year. The company also reported quarterly sales of $81.20 million, surpassing the analyst consensus estimate of $78.97 million by 2.82%.
August 12, 2024 | 9:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Yalla Group reported Q2 2024 EPS of $0.19, unchanged YoY, and sales of $81.20M, beating estimates by 2.82%.
The company's earnings per share remained stable, and it exceeded sales expectations, which is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100