Yalla reported first-quarter revenue of $79 million, exceeding expectations by $0.95 million, and issued Q2 guidance of $75M to $82M.
Yalla posted first-quarter non-GAAP earnings per share of $0.22 and revenue of $79 million, beating estimates by $0.95 million despite a 5.8% year-over-year decline.
The company’s revenue fell from the same period last year but surpassed consensus forecasts. Yalla’s Q2 revenue guidance ranges from $75.0 million to $82.0 million, reflecting expected sequential growth.
Shares showed limited immediate reaction following the release, with investors focusing on the mixed annual comparison and forward outlook.