Tuya

Tuya, Inc. provides smart cloud service and IoT-related software and hardware solutions. It specializes in product, protocol, region, and supplier agnostics. The company was founded by Liao Han Chen, Jerry Wang, Yi Yang, Luckin Zhou, and Xue Ji Wang in 2014 and is headquartered in Hangzhou, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Tuya reports robust Q1 earnings, eyes growth in spatial intelligence

Tuya's Q1 2024 performance reflects strong revenue growth, profitability, and a focus on innovative solutions. While facing challenges in margin sustainability, the company's strategic strengths and cash management provide a solid foundation for future growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Tuya, Inc. engages in developing smart cloud service and IoT-related software and hardware solutions. It specializes in product, protocol, region, and supplier agnostics. The company was founded by Liao Han Chen, Alex Yang, Ruixin Zhou, and Xue Ji Wang on June 16, 2014 and is headquartered in Hangzhou, China.

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- From November 11 to 22, 2024, the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) is set to commence in Baku, the capital of Azerbaijan. Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, is poised to make a significant appearance at this pivotal event, representing the technology sector.

Embracing the Green Commitment: Tuya Smart to Showcase at the 29th United Nations Climate Change Conference

SANTA CLARA, Calif. , Nov. 5, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its third quarter 2024 unaudited financial results after the market closes on Monday, November 18, 2024.

Tuya to Report Third Quarter 2024 Financial Results on November 18, 2024 Eastern Time

My Buy rating for Tuya Inc. is unchanged, considering the potential for an improvement in the company's future financial performance and capital return. Tuya's recent special dividend distribution increases the likelihood of the company paying out recurring dividends in the coming years. I expect Tuya to achieve faster revenue growth and profit margin expansion going forward, considering the favorable change in the client mix and the positive effects of operating leverage.

Tuya: Staying Positive On Shareholder Return And Financial Improvement Potential

UP Fintech Holding

The shares of several Chinese technology companies experienced significant declines. Notably, Tuniu (TOUR, Financial) dropped by nearly 8%, and Tiger Securities (TIGR) saw a decrease of close to 7%.

TUYA and TIGR Lead Declines in Chinese Tech Stocks

Tuya (TUYA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Tuya (TUYA): Will It Gain?

Tuya (TUYA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Tuya (TUYA) Upgraded to Strong Buy: What Does It Mean for the Stock?

Tuya Inc. (NYSE:TUYA ) Q2 2024 Results Conference Call August 26, 2024 8:30 PM ET Company Participants Reg Chai - Investor Relations Director Xueji Wang - Founder, Co-Chairman & CEO Yao Liu - Senior VP, CFO & Director Alex Yang - Co-founder, COO & Director Conference Call Participants Yang Liu - Morgan Stanley Timothy Zhao - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Tuya Inc. Second Quarter 2024 Earnings Conference Call.

Tuya Inc. (TUYA) Q2 2024 Earnings Call Transcript

SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that Ms.

Tuya Announces Changes to Board and Senior Management

SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that the board of directors of the Company (the "Board") has approved the declaration of a special cash dividend.

Tuya Announces Declaration of Special Dividend

SANTA CLARA, Calif. , Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced its unaudited financial results for the second quarter ended June 30, 2024 and the declaration of a special cash dividend.

Tuya Reports Second Quarter 2024 Unaudited Financial Results and Declaration of Special Dividend

NEW YORK , Aug. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading global cloud platform service provider, has been selected for Gartner's prestigious "Hype Cycle for Smart City and Sustainability in China, 2024" for the third consecutive year. This recognition highlights the maturity and potential of smart city and sustainable development technologies, as well as their significant market impact.

Tuya Smart Again Recognized in Gartner's "Hype Cycle for Smart City and Sustainability in China, 2024"

SANTA CLARA, Calif. , Aug. 7, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its second quarter 2024 unaudited financial results after the market closes on Monday, August 26, 2024.

Tuya to Report Second Quarter 2024 Financial Results on August 26, 2024 Eastern Time

Tuya Inc. is a leader in the smart home and IoT sector, utilizing advanced smart lighting solutions and generative AI technology. Despite competition from big companies like Google and Amazon, Tuya's strategic alliances and innovation make it resilient and poised for growth. Tuya's financial performance shows significant revenue growth and improved profitability, with my forecasts indicating an 18% rise in revenue and a positive valuation.

Harnessing AI And Smart Lighting: Tuya's Path To Market Growth

Alibaba

JD.com

Chinese stocks benefit from China's economic change as per the communiqué of the third plenum. The goal is to advance changes in a number of different industries.

China's Economic Shift: 3 Stocks Poised for a Major Bull Run

SANTA CLARA, Calif. , June 20, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced the results of its annual general meeting (the "Annual General Meeting") held at 3:00 p.m.

Tuya Inc. Announces Results of Annual General Meeting

Airgain

Intellicheck

Selecting the top stocks under $8 requires careful consideration of a company's market positioning, strategic goals, and financial standing. Comprehending these elements optimizes prospective profits while reducing risk.

The Next Big Thing: 3 Stocks Under $8 With 700% Potential

NEW YORK, June 11, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, grandly opened the 2024 TUYA Global Developer Summit in Futian, Shenzhen. At the main forum, Tuya officially unveiled a new brand– "Tuya Ecosystem Partners Exhibition.

Tuya to Shape the Intelligent Future with Industry Partners at the Enhanced Tuya Ecosystem Partners Exhibition

NEW YORK , June 11, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, grandly convened the TUYA Global Developer Summit in Futian, Shenzhen. At the event, Tuya Smart hosted a sub-forum titled, "A novel approach to green, low-carbon and sustainable living".

Tuya Smart Joins Forces with Global Smart Industry Leaders to Explore Green and Low-Carbon Development

NEW YORK , June 11, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, hosted the 2024 TUYA Global Developer Summit in Futian, Shenzhen. To provide global developers with deeper insights into the innovative applications of smart products in the generative AI (GenAI) era, Tuya specially set up an exhibition area and an ecosystem exhibition area at the event.

Tuya Global Developer Summit Reshapes Smart Hardware Value with GenAI, Pioneering the Next Wave of Smart Living

NEW YORK , June 11, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, grandly opened the TUYA Global Developer Summit in Futian, Shenzhen. The conference, themed "GenAI + IoT: Driving Smarter Spaces," saw Tuya Smart, collaborate with developers from around the world to deeply explore the innovative applications and best practices of generative AI across various industries.

Tuya and Industry Leaders Jointly Establish an Intelligent Future at the 2024 TUYA Global Developer Summit

NEW YORK , June 7, 2024 /PRNewswire/ -- On May 29, 2024 , Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, hosted the 2024 TUYA Global Developer Summit in Futian, Shenzhen. The summit featured a collaboration with industry leaders through a series of themed forums.

Tuya Smart Leads Industry Innovation with Groundbreaking Generative AI Integration

NEW YORK , June 7, 2024 /PRNewswire/ -- On May 29, 2024, Tuya Smart (NYSE: TUYA, HKEX: 2391)，the global cloud platform service provider, hosted the TUYA Global Developer Summit in Futian, Shenzhen. The second half of the summit was centered around the theme of "Embracing Emerging Technologies for Sustainable Growth".

Tuya Converges with Industry Experts at the 2024 TUYA Global Developer Summit to Present a Blueprint for AI Advancement

NEW YORK , June 4, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, hosted the signature 2024 TUYA Global Developer Summit at the Shangri-La Hotel in Futian, Shenzhen. The summit attracted an array of esteemed guests from top domestic and international companies, including Amazon, Lenovo, Haier, Silicon Labs, TÜV SÜD, Alibaba Cloud, Tencent Cloud, Texas Instruments, Google Cloud, Goneo Group, Geely, Enerlution, Cerence, Mentech, Secure Net, BangBang, Sixeco, Delos, Easyhome, ZBOM, V2 Indonesia, In Space, Hometree, Simon, Chli, and Smartec.

Tuya Smart Showcases Industry Insights at the 2024 TUYA Global Developer Summit, Drawing Over 3,000 Attendees Across Three Theme Forums

NEW YORK , May 28, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, today announced it has formally joined the United Nations Global Compact (UNGC), pledging to uphold the UNGC's "Ten Principles" on human rights, labor, environment, and anti-corruption. Joining the UNGC marks a significant milestone for Tuya, as the company's longstanding efforts to actively fulfill corporate social responsibility gain global recognition.

Tuya Smart Officially Joins the United Nations Global Compact

Tuya Inc (NYSE:TUYA ) Q1 2024 Results Conference Call May 20, 2024 8:30 PM ET Company Participants Reg Chai - Investor Relations Director Xueji Wang - Founder, Co-Chairman & CEO Yao Liu - Senior VP, CFO & Director Conference Call Participants Yang Liu - Morgan Stanley Eunice Liu - Goldman Sachs Kai Qian - CICC Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to Tuya Inc.'s First Quarter 2024 Earnings Conference Call.

News for Tuya Stock (TUYA)