Record Revenue Growth
Total revenues reached $126.4 million, a 57.7% year-over-year increase, exceeding expectations.
Significant Equity Gain
Reported a gain of $545.8 million from the fair value changes in a 7.8% equity stake in Arashi Vision Inc.
Subscription Revenue Milestone
Subscription business generated $40.7 million, a 22.3% increase year-over-year, reaching a record high.
Robust Growth in Live Streaming
Live streaming and other services saw a 127.1% year-over-year growth, reaching $49.1 million, driven by overseas audio streaming.
Cloud Computing Recovery
Cloud computing revenue increased by 44.9% year-over-year to $36.6 million, indicating a recovery in client demand.
Net Income Surge
Net income was $550.1 million, a substantial increase from $4.4 million in the same period of 2024.