Yala (YALA.US) reported Q2 revenue above expectations, up 11% YoY.

WeChat Finance learned that Yala Tech (YALA.US) released its second quarter financial performance. The data shows that the Q2 revenue grew 2.5% YoY to $81.2 million, which is higher than the market expectation of $79 million. The non-GAAP diluted earnings per share was $0.19, flat YoY. The net income was $31.4 million, up 10.9% YoY.

By business, the revenue of chat service business was $54.9 million, and the revenue of game service business was $26.2 million. The non-GAAP net income was $35.2 million, up 4.4% YoY.

The average monthly active users (MAU) was 39 million, up 14.1% YoY. The number of paid users was 12 million, down 10.3% YoY. For the third quarter of 2024, Yala Tech currently expects revenue to be between $75 million and $82 million.

After the performance was released, Yala Tech's stock price rose 2.33% after hours to $3.95 at the time of writing.