Yalla Group Limited (NYSE:YALA) Q3 2023 Results Conference Call November 20, 2023 8:00 PM ET

Company Participants

Kerry Gao - Investor Relations

Tao Yang - Chairman and Chief Executive Officer

Saifi Ismail - President

Karen Hu - Chief Financial Officer

Conference Call Participants

Xueqing Zhang - CICC

Chenghao Li - CICC

Kaifang Jia - Citic

Lincoln Kong - Goldman Sachs

Natalie Wu - Haitong International

Operator

Good morning and good evening, ladies and gentlemen. Thank you for standing by for Yalla Group Limited's Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode. After managements’ prepared remarks, there will be a question-and-answer session. Today's conference is being recorded.

I would like to turn the conference over to your host today, Ms. Kerry Gao, IR management of the Company. Please go ahead.

Kerry Gao

Hello, everyone, and welcome to Yalla's Third Quarter 2023 Earnings Conference Call. We released our earnings press release earlier today, and the release is now available on our IR website as well as on 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 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. Mrs. 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. Our COO, Jeff Xu, will also join the Q&A section.

With that said, I'd now like to turn the call over to our Chairman and Chief Executive Officer, Mr. Tao Yang. Please go ahead, sir.