JOYY Inc (NASDAQ:JOYY) reported first-quarter EPS of $1.18, outpacing the $1.00 consensus, while revenue of $494.35 million beat the $490 million estimate. Shares closed at $43.64, down 7.4% over three months but up 33.7% year-over-year.

Beat & Raise Pattern

JOYY's EPS beat continues a trend of upside surprises—over the past four quarters, the company has averaged a 5% positive surprise, based on FMP's Historical Earnings API. This consistency has underpinned investor confidence despite recent pullbacks.

Revenue Growth and Profitability

• Q1 Revenue: $494.35 M vs. $490 M estimate

• Revenue YoY: +12%

• Adjusted EBITDA Margin: 38%

JOYY's healthy margins reflect efficient content-monetization models and strong user engagement.

Valuation Metrics

At $43.64, JOYY trades at 18× trailing-12-month earnings—slightly above the 16× software-services median—per FMP's Ratios TTM API. Investors are paying a premium for JOYY's growth profile and record of earnings outperformance.

With another quarter of beats under its belt, JOYY's Q2 guidance—expected at the upcoming earnings call—will be crucial for assessing whether the social-entertainment platform can sustain both user and monetization momentum.