Huya's Fourth Quarter Results Show Revenue Beat and Earnings Losses

Tuesday, 19 March 2024, 10:17

Huya's latest financial report for Q4 reveals a non-GAAP revenue beat of $215.5M, surpassing expectations by $6.44M. However, the earnings per ADS (EPADS) stood at -$0.11, signaling incurred losses. This performance was driven by a decrease in revenue by 27.8% compared to the previous year, despite stable user metrics.

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Summary:

Huya press release (HUYA): Q4 Non-GAAP EPADS of -$0.11. Revenue of $215.5M (-27.8% Y/Y) beats by $6.44M. Average mobile MAUs of Huya Live for the fourth quarter of 2023 remained.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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