Investors might want to bet on Tuya Inc. Sponsored ADR (TUYA) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...

Tuya Inc. (NYSE:TUYA) Q2 2024 Results Conference Call August 26, 2024 8:30 PM ET Company Participants Reg Chai - Investor Relations Director Xueji Wang - Founder, Co-Chairman & CEO Yao Liu - Senior VP, CFO & Director Alex Yang - Co-founder, COO & Director Conference Call Participants Yang Liu - Morgan Stanley Timothy Zhao - Goldman Sachs Operator Good day, and thank you for standing by. Welcome to the Tuya Inc. Second Quarter 2024 Earnings Conference Call. [Operator Instructions]. Please be advised, today's ...

Exhibit 99.1 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Tuya Inc. 塗鴉智能* (A company controlled through weighted voting rights and incorporated in the Cayman Islands with limited liability ...

Exhibit 99.1 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 Highlights · Total revenue was US61.7 million, up approximately 29.9% year over year (1Q2023: US$47.5 million). · IoT platform-as-a-service ("PaaS") revenue w ...

SANTA CLARA, Calif., Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that Ms. Yao (Jessie) Liu has tendered her resignation as a director, the Chief Financial Officer and senior vice president of Tuya, effective September 16, 2024. Ms. Liu has made this decision to devote more time to her personal endeavors.The Company is grateful for the invaluable contributions she made during her more than 5-year ...

SANTA CLARA, Calif., Aug. 26, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that the board of directors of the Company (the "Board") has approved the declaration of a special cash dividend.Declaration of Special Dividend and Record DateOn August 26, 2024, the Board has approved the declaration and distribution of a special dividend (the "Special Dividend") of US$0.0589 per ordinary share, or US$0.0589 per ...

SANTA CLARA, Calif., Aug. 26, 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 second quarter ended June 30, 2024 and the declaration of a special cash dividend.Second Quarter 2024 Financial HighlightsTotal revenue was US$73.3 million, up approximately 28.6% year over year (2Q2023: US$57.0 million).IoT platform-as-a-service ("PaaS") revenue was US$54.3 million, up appro ...

NEW YORK, Aug. 21, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading global cloud platform service provider, has been selected for Gartner's prestigious "Hype Cycle for Smart City and Sustainability in China, 2024" for the third consecutive year. This recognition highlights the maturity and potential of smart city and sustainable development technologies, as well as their significant market impact.Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart, expre ...

SANTA CLARA, Calif., Aug. 7, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that it will report its second quarter 2024 unaudited financial results after the market closes on Monday, August 26, 2024.Tuya's management will hold a conference call at 08:30 P.M. Eastern Time on Monday, August 26, 2024 (08:30 A.M. Hong Kong Time on Tuesday, August 27, 2024) to discuss the financial results. In advance of the con ...

Luis Alvarez/DigitalVision via Getty Images Thesis Tuya Inc. (NYSE:TUYA) is established as an innovator in the smart home and IoT sector; it takes advantage of the advanced smart lighting solutions and the generative AI technology to make the market more demanding and to make the product range of the company better. Despite intense competition from big companies such as Google and Amazon, the firm’s strategic alliances and perpetual innovation are the main reasons that it is so resilient and has the pot ...