Stock Track | Yalla Group Soars After-Hours on Q3 Revenue Beat

Stock Track11-12

Shares of Yalla Group Ltd. (NYSE: YALA), a leading voice-centric social networking and entertainment platform in the Middle East and North Africa, surged in after-hours trading on Friday, November 11th, 2024, following the release of the company's third-quarter financial results.

The Dubai-based company reported quarterly revenue of $88.92 million, beating analysts' consensus estimate of $82.79 million by 7.4%. The top-line figure also represented a 4.38% year-over-year increase, driven by continued growth in Yalla Group's user base and engagement levels.

While Yalla Group's adjusted earnings per share came in at $0.24, details on the company's profitability relative to Wall Street expectations were not immediately available. Nevertheless, investors cheered the better-than-expected revenue performance, sending the stock soaring by 7.87% in after-hours trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1130119506?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-12 06:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130119506","market":"hk","top_or_hot":-1,"title":"Stock Track | Yalla Group Soars After-Hours on Q3 Revenue Beat","media":"Stock Track","content":"<p>Shares of Yalla Group Ltd. (NYSE: YALA), a leading voice-centric social networking and entertainment platform in the Middle East and North Africa, surged in after-hours trading on Friday, November 11th, 2024, following the release of the company's third-quarter financial results.</p>\n\n<p>The Dubai-based company reported quarterly revenue of $88.92 million, beating analysts' consensus estimate of $82.79 million by 7.4%. The top-line figure also represented a 4.38% year-over-year increase, driven by continued growth in Yalla Group's user base and engagement levels.</p>\n\n<p>While Yalla Group's adjusted earnings per share came in at $0.24, details on the company's profitability relative to Wall Street expectations were not immediately available. Nevertheless, investors cheered the better-than-expected revenue performance, sending the stock soaring by 7.87% in after-hours trading.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Yalla Group Soars After-Hours on Q3 Revenue Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Yalla Group Soars After-Hours on Q3 Revenue Beat\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-12 06:18 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Yalla Group Ltd. (NYSE: YALA), a leading voice-centric social networking and entertainment platform in the Middle East and North Africa, surged in after-hours trading on Friday, November ...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"YALA","symbol_name":"雅乐科技","start_time":0,"source_url":"","article_id":"1130119506","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130119506","pubTimestamp":1731363528,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Yalla Group Ltd. , a leading voice-centric social networking and entertainment platform in the Middle East and North Africa, surged in after-hours trading on Friday, November 11th, 2024, following the release of the company's third-quarter financial results.The Dubai-based company reported quarterly revenue of $88.92 million, beating analysts' consensus estimate of $82.79 million by 7.4%. The top-line figure also represented a 4.38% year-over-year increase, driven by continued growth i","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"YALA":"雅乐科技"},"translate_title":"股票赛道Yalla Group因第三季度收入超出预期而盘后飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"YALA":1},"content_text":"Shares of Yalla Group Ltd. (NYSE: YALA), a leading voice-centric social networking and entertainment platform in the Middle East and North Africa, surged in after-hours trading on Friday, November 11th, 2024, following the release of the company's third-quarter financial results.\nThe Dubai-based company reported quarterly revenue of $88.92 million, beating analysts' consensus estimate of $82.79 million by 7.4%. The top-line figure also represented a 4.38% year-over-year increase, driven by continued growth in Yalla Group's user base and engagement levels.\nWhile Yalla Group's adjusted earnings per share came in at $0.24, details on the company's profitability relative to Wall Street expectations were not immediately available. Nevertheless, investors cheered the better-than-expected revenue performance, sending the stock soaring by 7.87% in after-hours trading.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130119506"}