Tuya Reports First Quarter 2024 Unaudited Financial Results

SANTA CLARA, Calif., May, 20, 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 first quarter ended March 31, 2024.First Quarter 2024 Financial HighlightsTotal revenue was US61.7 million, up approximately 29.9% year over year (1Q2023: US$47.5 million).IoT platform-as-a-service ("PaaS") revenue was US$45.6 million, up approximately 35.7% year over year (1Q2023: US$33.6 mi ...