HUYA Inc (NYSE:HUYA) reported Q3 2023 revenue of $225.8 million, beating the consensus of $210.33 million.
The Chinese game live-streaming platform's adjusted EPS of $0.06 was better than the consensus loss of $(0.03).
Live streaming revenues declined 24.1% Y/Y due to fewer paying users on Huya Live. Also, advertising and other revenues were down 67.9% Y/Y on a considerable decline in content sub-licensing revenues.
The average mobile MAUs of Huya Live was flat Y/Y at 86 million in Q3.
The total number of paying users of Huya Live was 4.2 million in Q3, down from 5.5 million a year ago.
The gross margin was 13.9%, a contraction from 14.4% a year ago primarily due to lower total net revenues.
HUYA held $1.5 billion in cash and equivalents at the end of the quarter.
Mr. Junhong Huang, Acting Co-CEO, commented, "Our Huya Live's average mobile MAUs reached 86.0 million in the third quarter of 2023, growing by 3.7% quarter-over-quarter thanks to our diversified e-sports tournaments and entertainment programming during the summer season."
The Q4 consensus revenue and EPS are $208.4 million and $(0.12).
Price Action: HUYA shares are trading higher by 0.73% at $3.45 on the last check Tuesday.
虎牙公司（紐約證券交易所代碼：HUYA）公佈的2023年第三季度收入爲2.258億美元，超過市場預期的2.1033億美元。
這家中國遊戲直播平台調整後的每股收益爲0.06美元，好於共識虧損的0.03美元。
由於Huya Live的付費用戶減少，直播收入同比下降24.1％。此外，由於內容分許可收入大幅下降，廣告和其他收入同比下降67.9％。
第三季度，Huya Live的平均移動月活用戶數同比持平，爲8,600萬。
第三季度，虎牙直播的付費用戶總數爲420萬，低於去年同期的550萬。
毛利率爲13.9％，較去年同期的14.4％有所下降，這主要是由於總淨收入減少。
截至本季度末，HUYA持有15億美元的現金及等價物。
代理聯席首席執行官黃俊宏先生評論說：“我們的Huya Live的平均移動月活用戶數在2023年第三季度達到8,600萬，同比增長3.7％，這要歸功於我們在夏季的多元化電子競技比賽和娛樂節目。”
第四季度的共識收入和每股收益爲2.084億美元和0.12美元。
價格走勢：週二最後一次支票，HUYA股價上漲0.73％，至3.45美元。
