=YY (YY) reported earnings on Mon 13 Aug 2018 (a/h)

YY beats by $0.17, beats on revs; sees Q3 revs +25.8-30% y/y 

• Reports Q2 (Jun) earnings of $2.03 per ADS, excluding items, $0.17 better than the Capital IQ Consensus of $1.86; revenues rose 48.1% year/year to $570.2 mln vs the $544.76 mln Capital IQ Consensus.
• "Our mobile live streaming monthly active users (MAU) increased by 21.3% year over year to 80.2 million, and our total live streaming paying users increased by 21.1% year over year to 6.9 million."
• Expects Q3 net revenues of RMB3.89 billion and RMB4.02 billion, representing a year-over-year growth of 25.8% to 30.0%.