Tuya Inc. (TUYA) Reports Q3 Loss of $0.06/sh

Tuya Inc. (NYSE: TUYA) reported Q3 EPS of ($0.06), versus ($0.05) reported last year. Revenue for the quarter came in at $85.6 million, versus $59.1 million reported last year.

Business Outlook:

For the fourth quarter of 2021, the Company currently expects its total revenue to be between US$72 million and US$77 million. This forecast only reflects the Company's preliminary views on current market and operational conditions, which are subject to change due to various uncertainties, including those relating to changes in global economy, inflations affecting the purchase power of end users, supply chain constraints and disruptions due to chip shortage and limited sea freight capacity, and recovery of customers impacted by selling policies of e-commerce platforms, among other things.

For earnings history and earnings-related data on Tuya Inc. (TUYA) click here.

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