Tuya Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 28, 2023 at 04:45 pm EST
Tuya Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 61.09 million compared to USD 45.02 million a year ago. Net loss was USD 4.91 million compared to USD 32.62 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.06 a year ago.
For the nine months, sales was USD 165.58 million compared to USD 162.89 million a year ago. Net loss was USD 49.5 million compared to USD 123.45 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to USD 0.22 a year ago.