Business

Stock News Buzz: HUYA Inc. (NYSE:HUYA)

On Tuesday HUYA Inc. (NYSE:HUYA) stock traded volume of 5089464 shares during its last trading session as compared to its average volume of 2111560 shares over the recent month. HUYA ended its day with the down stream along the move of -4.26% and closed at the price of $24.26 before opening at $25.56. It has total market capitalization is $5292234139. 52 week range of the stock remained $ 14.44 – 30 while its day lowest price was $24.03 and its hit its day highest price at $25.9.

On Nov. 12, 2019, HUYA Inc. (NYSE:HUYA) a leading game live streaming platform in China, notified its unaudited financial results for the third quarter ended September 30, 2019.

Third Quarter 2019 Highlights

  • Total net revenues for the third quarter of 2019 increased by 77.4% to RMB2,265.1 million (US$316.9 million), from RMB1,276.6 million in the same period of 2018.
  • Net income attributable to Huya was RMB123.2 million (US$17.2 million) for the third quarter of 2019, representing an increase of 117.1% from RMB56.8 million in the same period of 2018.
  • Non-GAAP net income attributable to Huya[1] was RMB206.4 million (US$28.9 million) for the third quarter of 2019, representing an increase of 70.5% from RMB121.0 million in the same period of 2018.
  • Average mobile MAUs [2] in the third quarter of 2019 reached 63.8 million, representing an increase of 29.1% from 49.4 million in the third quarter of 2018.
  • Average MAUs [3] in the third quarter of 2019 reached 146.1 million, representing an increase of 47.6% from 99.0 million in the third quarter of 2018.
  • Total number of paying users [4] in the third quarter of 2019 reached 5.3 million, representing an increase of 28.5% from 4.2 million in the third quarter of 2018.

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