Tuya Q1 2024 Adj EPS $0.02 Beats $0.01 Estimate, Sales $61.662M Beat $54.158M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tuya (NYSE:TUYA) reported Q1 2024 earnings of $0.02 per share, beating the analyst estimate of $0.01. The company also reported sales of $61.662 million, surpassing the $54.158 million estimate and marking a 29.86% increase from the same period last year.
May 20, 2024 | 9:36 pm
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Tuya reported Q1 2024 earnings of $0.02 per share, beating the analyst estimate of $0.01. The company also reported sales of $61.662 million, surpassing the $54.158 million estimate and marking a 29.86% increase from the same period last year.
Tuya's Q1 2024 earnings and sales both exceeded analyst estimates, with significant year-over-year growth in sales. This positive financial performance is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100