Investing.com - YY A reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
YY A announced earnings per share of ¥5.57 on revenue of ¥5.84B. Analysts polled by Investing.com anticipated EPS of ¥5.31 on revenue of ¥5.13B.
YY A shares are up 55.33% from the beginning of the year and are trading at ¥82.00 , down-from-52-week-high.They are outperforming the Nasdaq which is up 22.73% from the start of the year.
YY A follows other major Technology sector earnings this month
YY A's report follows an earnings beat by Apple on July 30, who reported EPS of ¥2.58 on revenue of ¥59.69B, compared to forecasts EPS of ¥2.05 on revenue of ¥52.29B.
Microsoft had beat expectations on July 22 with fourth quarter EPS of ¥1.46 on revenue of ¥38.03B, compared to forecast for EPS of ¥1.34 on revenue of ¥36.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar