HUYA's Q3 2024 results showed a 209.3% YoY growth in game-related services, offsetting the expected decline in live streaming revenue. Despite a 17% total return decline, HUYA's strategic transformation and potential future shareholder returns justify maintaining a "buy" rating. HUYA's stock trades below its tangible book value, presenting a classic Ben-Graham net-net investment opportunity.
HUYA Inc.'s Q3 2024 results showed an EPS beat but revenue missed consensus, with live-streaming revenue down 26% y/y and gross margin contracting to 13.2%. China's soft macro environment and rising competition are pressuring HUYA's growth, making it a value trap rather than a value play. HUYA's valuation at 11x forward earnings is unjustified compared to Kuaishou's 9.4x, given Kuaishou's faste...
GUANGZHOU, China , Nov. 12, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights [ 1] Total net revenues were RMB1,537.7 million (US$219.1 million) for the third quarter of 2024, compared with RMB1,664.3 ...
-Earnings Webinar Scheduled for 7:00 a.m. ET on November 12, 2024- GUANGZHOU, China , Oct. 22, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its third quarter 2024 unaudited financial results on Tuesday, November 12, 2024, before the open of U.S. markets.
GUANGZHOU, China , Sept. 4, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that Mr.
HUYA has out-performed DOYU in China's game live-streaming market. HUYA has shown early signs of success of strategic transformation. HUYA's capital allocation provides both downside protection and upside potential for investors.
Register for Free
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.