HUYA Inc. Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

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Go back to HUYA Inc. Reports Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results

HUYA Inc. (HUYA) Reports In-Line Q4 EPS, Revenues Miss

March 23, 2021 5:58 AM EDT

HUYA Inc. (NYSE: HUYA) reported Q4 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $458.3 million versus the consensus estimate of $472.88 million.

Fourth Quarter 2020 Highlights

Total net revenues for the fourth quarter of 2020 increased by 21.2% to RMB2,990.3 million (US$458.3 million), from RMB2,467.5 million for the same period of 2019.Net income attributable to HUYA Inc. was RMB253.2 million (US$38.8 million) for the fourth quarter of 2020, representing an increase of 58.6% from RMB159.7 million for the same period of 2019.Non-GAAP net income attributable to HUYA Inc.[1] was... More