Huya Inc. Reduces Losses, Declares Dividend
Company Announcements

Huya Inc. Reduces Losses, Declares Dividend

Huya Inc (HUYA) has released an update.

Huya Inc., a prominent game live streaming platform in China, reported a decrease in total net revenues to RMB1,529.8 million in Q4 2023, from RMB2,119.4 million in the same period of 2022, while also reducing net losses. Despite a challenging macro environment, the company saw a rise in advertising and other revenues, largely due to increased game advertising and distribution services, and declared a special cash dividend of approximately US$150 million for shareholders. The company is focusing on enhancing user experience and expanding its game-related services, with a steady user base and an increase in paying users in the fourth quarter.

For further insights into HUYA stock, check out TipRanks’ Stock Analysis page.


Price Change
S&P 500
Dow Jones
Nasdaq 100

Popular Articles