Yalla Group Limited (YALA) Q3 2024 Earnings Call Transcript

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Yalla Group Limited (NYSE:YALA) Q3 2024 Earnings Conference Call November 11, 2024 8:00 PM ET

Company Participants

Kerry Gao – IR Director
Tao Yang – Chairman & CEO
Saifi Ismail – Director & President
Karen Hu – Chief Financial Officer
Jeff Xu – Director & COO

Conference Call Participants

Sarah Hu – Haitong International
Xueqing Zhang – CICC
Chenghao Li – CICC
Kaifang Jia – CITIC
Rachel Guo – Nomura

Operator

Good morning, and good evening, ladies and gentlemen. Thank you for standing by for Yalla Group Limited Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode. After management’s prepared remarks. After management’s prepared remarks, there will be a question-and-answer session. Today’s conference call is being recorded.

Now, I will turn the call over to your speaker host today, Kerry Gao, IR Director of the company. Please go ahead.

Kerry Gao

Hello, everyone, and welcome to Yalla’s third quarter 2024 earnings conference call. We released our earnings press release earlier today, and the release is now available on our IR website, as well as our Newswire outlets.

Before we continue, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provision of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our future results may be materially different from the views expressed today. Further information regarding these and other risks and uncertainties is included in our earnings release and our annual report filed with the SEC. Yalla does not assume any obligation to update any forward-looking statements except as required by law.

Please also note that Yalla’s earnings release and this conference call include a discussion of unaudited GAAP financial information, as well as unaudited non-GAAP financial measures. Yalla’s press release contains

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