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Joyy reports Q4 adjusted income per ADS $1.77 vs 97c last year

Reports Q4 revenue $549.4M, consensus $555.2M. Global average mobile MAUs was 263.1M, compared to 274.9M in the corresponding period of 2023, primarily due to the company’s optimization of overall sales and marketing strategies to be more focused on return-on-investment and disciplined spending on advertising across various product lines.

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