Scalper1 News
Chinese social media platform YY (YY), which beat Q3 estimates after the close Tuesday as its core online game division recovered from an earlier stall, faces slowing revenue growth in the near term as competition intensifies. YY reported Q3 earningsthat solidly beat analyst consensus. While the company’s Q3 EPS ex items climbed 87% in local currency, that snapped six straight quarters of triple-digit earnings growth. YY stock was down 1% in Scalper1 News
Scalper1 News