Yalla Group Q3 Non-GAAP Earnings, Revenue Increase

MT Newswires Live11-12

Yalla Group (YALA) reported Q3 non-GAAP earnings late Monday of $0.24 per diluted share, up from $0.21 a year earlier.

Analyst estimates for EPS were not available for comparison.

Revenue in the quarter ended Sept. 30 rose to $88.9 million from $85.2 million a year earlier. Two analysts in a Capital IQ poll expected $82.8 million.

For Q4, the company said it expects revenue of $77 million to $84 million. Analysts surveyed by Capital IQ expect $86.6 million.

Shares of Yalla Group were up 6.5% in after-hours activity.

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