JOYY Posts Strong Q2, Deep-Learning Ad Platform Revenues Grow 53%
JOYY reported Q2 results, with revenues of $590.8M, operating income of $13.8M and non-GAAP EBITDA of $56.9M. Stock up in early trading.
JOYY made more money than before, and their AI-powered ads are growing really fast at 53%. When a company's new technology is growing that quickly, it shows investors the business is moving in a promising direction.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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