Yalla Group Limited (NYSE:YALA) Q1 2023 Earnings Conference Call May 15, 2023 8:00 PM ET

Company Participants

Logan Ye - Manager, Investor Relations

Tao Yang - Chairman and CEO

Saifi Ismail - Director and President

Karen Hu - CFO

Jeff Jianfeng - Chief Operating Officer

Conference Call Participants

Thomas Shen - Nomura

Xueqing Zhang - CICC

Chenghao Li - CICC

Xiaoyue Hu - Haitong

Kaifang Jia - CITIC

Edward Wang - Credit Suisse

(Prepared remarks provided to Seeking Alpha by the company.)

Operator

Good morning and good evening ladies and gentlemen. Thank you for standing by for Yalla Group Limited First Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. 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, Ms. Logan Ye, Investor Relations Manager of the company. Please go ahead.

Logan Ye

Hello everyone and welcome to Yalla's first quarter 2023 earnings conference call. We released our earnings earlier today and the release is now available on our IR website as well as on Newswire services.

Before we continue, please note that the discussion today will contain forward-looking statements made under the Safe Harbor provision of the US 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 this 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 press 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 a reconciliation of the unaudited non-GAAP measures to the unaudited most directly comparable GAAP measures.

Today, you will hear from Mr. Tao Yang, our Chairman and Chief Executive Officer, who will provide an overview of our latest achievements and growth strategies. He will be followed by Mr. Saifi Ismail, the company’s President who will briefly review our recent business developments. Ms. Karen Hu, our Chief Financial Officer, will then provide additional details on the company's financial results and discuss our financial outlook. Following management's prepared remarks, we will open the call to questions.