Exhibit 99.1 HUYA Inc. Reports First Quarter 2024 Unaudited Financial Results GUANGZHOU, China, May 13, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights · Total net revenues for the first quarter of 2024 were RMB1,504.0 million (US$208.3 million), compared with RMB1,962.5 million for the same period of 2023. · Net inc ...

Financial Performance - Total net revenues for Q2 2024 were RMB1,541.6 million (US$212.1 million), a decrease of 16.1% from RMB1,837.8 million in Q2 2023[2] - Net income attributable to HUYA Inc. was RMB29.6 million (US$4.1 million) for Q2 2024, compared to RMB20.3 million in Q2 2023, representing a year-over-year increase of 46.0%[4] - Gross profit for Q2 2024 was RMB214.9 million (US$29.6 million), with a gross margin of 13.9%, down from 15.7% in Q2 2023[3] - Total net revenues for the three months ended June 30, 2024, were RMB 1,541,582, representing a 2.5% increase from RMB 1,504,047 in the previous quarter[20] - Live streaming revenues reached RMB 1,233,064 for the three months ended June 30, 2024, compared to RMB 1,260,444 in the previous quarter, indicating a decrease of 2.2%[20] - Game-related services, advertising, and other revenues increased to RMB 308,518 for the three months ended June 30, 2024, up 26.6% from RMB 243,603 in the previous quarter[20] - Operating loss for the three months ended June 30, 2024, was RMB 26,037, an improvement from a loss of RMB 38,516 in the previous quarter[20] - Net income attributable to HUYA Inc. for the three months ended June 30, 2024, was RMB 29,602, compared to RMB 71,033 in the previous quarter, reflecting a decrease of 58.3%[21] - Non-GAAP net income attributable to HUYA Inc. for the three months ended June 30, 2024, was RMB 96,996, down from RMB 92,490 in the previous quarter[25] - Basic net income per ADS for the three months ended June 30, 2024, was RMB 0.13, compared to RMB 0.30 in the previous quarter[21] Operational Highlights - Average mobile MAUs for Huya Live increased to 83.5 million in Q2 2024, up from 82.9 million in Q2 2023, driven by successful e-sports events[2] - Revenues from game-related services, advertising, and other businesses rose by 152.7% year-over-year to RMB308.5 million (US$42.5 million), accounting for 20.0% of total net revenues[2] Expenses and Cost Management - Total operating expenses decreased by 26.3% year-over-year, contributing to improved overall operating results[4] - Research and development expenses decreased by 11.5% year-over-year to RMB128.7 million (US$17.7 million) in Q2 2024[4] - Research and development expenses for the three months ended June 30, 2024, were RMB 128,710, an increase from RMB 135,106 in the previous quarter[20] Shareholder Returns and Capital Management - The company repurchased 17.1 million shares for a total of US$56.7 million as of June 30, 2024, under its share repurchase program[5] - A special cash dividend of approximately US$250 million has been declared, equating to US$1.08 per ordinary share or ADS, payable on or around October 25, 2024[5] Cash and Asset Management - Cash and cash equivalents as of June 30, 2024, were RMB8,193.3 million (US$1,127.4 million), down from RMB9,419.8 million as of March 31, 2024[5] - Total current assets decreased from RMB 8,150,611 in December 2023 to RMB 7,596,525 in June 2024, a decline of approximately 6.8%[15] - Total assets decreased from RMB 12,924,354 in December 2023 to RMB 11,344,498 in June 2024, representing a reduction of about 12.2%[19] - Total liabilities decreased from RMB 2,299,755 in December 2023 to RMB 1,879,518 in June 2024, a decrease of approximately 18.3%[16] - Shareholders' equity decreased from RMB 10,624,599 in December 2023 to RMB 9,464,980 in June 2024, a decline of about 10.9%[19] - Cash and cash equivalents increased from RMB 511,973 in December 2023 to RMB 1,005,513 in June 2024, an increase of approximately 96.5%[15] - Accounts receivable, net decreased from RMB 6,851,160 in December 2023 to RMB 5,567,750 in June 2024, a decline of about 18.7%[15] - Total non-current assets decreased from RMB 4,773,743 in December 2023 to RMB 3,747,973 in June 2024, a reduction of approximately 21.5%[16] - The company reported a decrease in accumulated deficit from RMB (2,052,336) in December 2023 to RMB (1,951,701) in June 2024, indicating an improvement in financial health[18] - The company’s total liabilities and shareholders' equity decreased from RMB 12,924,354 in December 2023 to RMB 11,344,498 in June 2024, a decline of about 12.2%[19] - The company’s additional paid-in capital decreased from RMB 12,000,100 in December 2023 to RMB 10,606,904 in June 2024, a decline of approximately 11.6%[18] Corporate Actions - The company has retrospectively adjusted its financial results due to a business combination under common control[26] - HUYA Inc. announced an extension of its share repurchase program and a special cash dividend[26]

GUANGZHOU, China, Aug. 13, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2024.Second Quarter 2024 Highlights[1]Total net revenues for the second quarter of 2024 were RMB1,541.6 million (US$212.1 million), compared with RMB1,837.8 million for the same period of 2023.Net income attributable to HUYA Inc. was RMB29.6 million (US$4.1 million) for the seco ...

Huya Inc. (HUYA) is scheduled to report its second-quarter 2024 results on Aug 13.The Zacks Consensus Estimate for second-quarter revenues is pegged at $218.6 million, suggesting a decline of 12.96% year over year.The consensus mark for second-quarter earnings has remained unchanged at 7 cents over the past 30 days, suggesting year-over-year growth of 16.67%.HUYA’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters, the earnings surprise being a whopping 113.2%, on average.  L ...

Since the inception of video games, players have always competed. That competition has gone mainstream over the last few decades. Competitive video gaming, also known as esports, is now a billion-dollar industry. A key contributor to this growth was COVID-19. As people spent more time at home and traditional sports were put on hold, esports filled the gap, attracting new fans and more players. The World Economic Forum spoke of the “huge growth in playing time and sales” during the pandemic. Now, video games ...

-Earnings Webinar Scheduled for 8:00 a.m. ET on August 13, 2024-GUANGZHOU, China, July 23, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its second quarter 2024 unaudited financial results on Tuesday, August 13, 2024, before the open of U.S. markets.The Company's management will host a Tencent Meeting Webinar at 8:00 a.m. U.S. Eastern Time on August 13, 2024 (8:00 p.m. Beijing/Hong Kong time on Augu ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are underva ...

浦银国际研究 财务模型更新 | 互联网行业 虎牙(HUYA.US):直播业务预计平 稳,新业务或推动收入环比转正 我们预计公司二季度收入环比增长 2%至人民币 15.3 亿元,调整目标 价至 6.0 美元,维持"买入"评级。 受行业环境及用户打赏意愿较弱影响,我们预计公司二季度用户数基 本持平,直播收入环比略微下降 2%至人民币 12.3 亿元。游戏相关服 务预计仍将保持高速增长,有望推动公司总收入环比实现正增长。 公司二季度自制内容增多,内容成本或将有所提升,我们预计二季度 毛利率同比下降 1.1pp 至 13.9%。不过,自制内容有助于保持用户活跃 度及平台热度,或将有助于销售费用率改善。我们预计公司二季度经 营利润环比持平,接近盈亏平衡;预计调整后净利润为 0.67 亿元,调 整后净利率为 4.4%。 公司直播业务逐步企稳,游戏相关服务成为公司新增长驱动,有望推 动公司进入业绩拐点。当前公司账面预计仍有超过 11 亿美元的净现 金价值,高于公司当前 10 亿美元的市值。调整目标价至 6.0 美元, 维持"买入"评级。 投资风险:行业竞争加剧;用户增长不及预期;利润率不及预期。 图表 1:盈利预测变动 2 ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. HUYA Inc. Sponsored ADR (HUYA) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.HUYA Inc. Sponsored ADR is a membe ...

HUYA Inc. Sponsored ADR (HUYA) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate rev ...