Tuya Reports Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]
Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share (TUYA)
Company Research
Source: Yahoo! Finance
service provider, today announced its unaudited financial results for the third quarter ended September 30, 2024 Third Quarter 2024 Financial Highlights Total revenue was US$81.6 million , up approximately 33.6% year over year (3Q2023: US$61.1 million IoT platform-as-a-service ("PaaS") revenue was US$57.9 million , up approximately 26.4% year over year (3Q2023: US$45.8 million Software-as-a-service ("SaaS") and others revenue was US$9.9 million , up approximately 16.7% year over year (3Q2023: US$8.5 million Smart solution revenue was US$13.8 million , up approximately 102.9% year over year (3Q2023: US$6.8 million Overall gross margin was 46.0%, down 0.7 percentage points year over year (3Q2023: 46.7%). Gross margin of IoT PaaS increased to 46.9%, up 2.3 percentage points year over year (3Q2023: 44.6%). Operating margin was negative 21.0%, improved by 9.3 percentage points year over year (3Q2023: negative 30.3%). Non-GAAP operating margin was 9.1%, improved by 14.8 percen
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TUYA
News
- Tuya Smart Awarded 2024 AWS Partner Award, Accelerating Global IntelligencePR Newswire
- Tuya Smart Unveils Upgraded European Headquarters, Accelerating Regional ExpansionPR Newswire
- Tuya Smart's HEMS Recognized in UNGC "20 CASES FOR 20 YEARS" of Private Sector Sustainable Development in ChinaPR Newswire
- Tuya Smart Advances Global Green Transformation Through Energy-Focused Side Events at COP29 in AzerbaijanPR Newswire
- Tuya Inc (TUYA) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and Strategic Expansion [Yahoo! Finance]Yahoo! Finance
TUYA
Earnings
- 11/18/24 - Beat
TUYA
Sec Filings
- 12/19/24 - Form 6-K
- 12/4/24 - Form SC
- 11/18/24 - Form 6-K
- TUYA's page on the SEC website