JOYY slides on downbeat Q1 revenue guidance

JOYY

20/03/2025 10:56

** U.S.-listed shares of Chinese social live-streaming platform JOYY YY.O slide 11.2% to $41.63 premarket

** JOYY sees Q1 revenue of $482-$490 mln vs analysts' avg estimate of $490.8 mln, per LSEG data

** Reports Q4 rev of $549.4 mln, in-line with estimates

** Up to last close, YY stock up ~49% in the past 12 months

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com;))