On August 14th, Huya Inc (HUYA.US) fell more than 2.5% in pre-market trading to $4.96, after yesterday's large increase of more than 14%. On the news front, Huya released its Q2 results yesterday, with revenue down 16.1% YoY to 1.542 billion yuan, marking the 11th consecutive quarter of decline. Net income was recorded at 97 million yuan under non-US GAAP, down 17.1% YoY. The live broadcast business contributed 1.233 billion yuan in revenue during the period, accounting for nearly 80% of total revenue, a decrease of 28.1% YoY.
美股异动｜虎牙盘前跌超2.5% Q2营利双降 营收连续11个季度下滑
US stock anomaly | Huya fell more than 2.5% before the market, Q2 profit double decline, revenue has fallen for 11 consecutive quarters.
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