HUYA Inc. Reports Second Quarter 2020 Unaudited Financial Results

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HUYA Inc. (HUYA) Misses Q2 EPS by 3c, Revenues Beat

August 11, 2020 5:48 AM EDT

HUYA Inc. (NYSE: HUYA) reported Q2 EPS of $0.14, $0.03 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $381.8 million versus the consensus estimate of $377.89 million.

Second Quarter 2020 Highlights

Total net revenues for the second quarter of 2020 increased by 34.2% to RMB2,697.2 million (US$381.8 million), from RMB2,010.5 million for the same period of 2019.Net income attributable to HUYA Inc. was RMB226.8 million (US$32.1 million) for the second quarter of 2020, representing an increase of 86.2% from RMB121.8 million for the same period of 2019.Non-GAAP net income attributable to HUYA Inc.[1] was... More