HUYA Q4 Earnings Call Highlights

HUYA reported gross profit of CNY 245 million , up 44% year over year. Lei said gross margin improved to 40.1% in the quarter, compared with 11.4% a year earlier. Excluding share-based compensation, non-GAAP gross profit was CNY 248 million and non-GAAP gross margin was 40.3% .Cost of revenues rose 30% year over year to CNY 1.49 billion , which management attributed to higher revenue-sharing fees and content costs as well as increased costs related to in-game items. Revenue-sharing fees and content costs in ...