Citigroup Downgrades HUYA to Neutral, Lowers Price Target to $4
Citigroup analyst Brian Gong downgrades HUYA (NYSE:HUYA) from Buy to Neutral and lowers the price target from $6 to $4.
HUYA Tops Q2 Despite Macro Headwinds; Margin Shrinks
HUYA Inc (NYSE:HUYA) reported a second-quarter FY22 revenue decline of 23.2% year-on-year to $339.68 million, beating the consensus of $335.88 million.…
HUYA: Q2 Earnings Insights
HUYA (NYSE:HUYA) reported its Q2 earnings results on Tuesday, August 16, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For August 16, 2022
Companies Reporting Before The Bell
• Stronghold Digital Mining (NASDAQ:SDIG) is projected to report earnings for its second quarter.
Tencent Cuts Stake In This Chinese Edtech Firm
Tencent Holding Ltd (OTC:TCEHY) slashed its stake in Koolearn Technology Hldg Ltd (OTC:KLTHF) to 1.6% from 9%, Bloomberg reports. The Chinese education…
In Search of Profits, Q&A Site Zhihu Finds New Answer in Vocational Education
Key Takeaways:
Zhihu’s revenue grew 55.4% in the first quarter, but its adjusted net loss grew by an even bigger 89.8%
Company’s vocational education services could be a major new growth engine, as China encourages private sector investment in the area
By Christina Meng
Is Tencent Past the Worst as Government Sends Easing Signals?
Key Takeaways:
Tencent reported its first quarter profit fell 22.9%, but the market believes the worst is past after Beijing’s recent end to its freeze on new game approvals
Daiwa Capital Maintains Outperform on HUYA, Lowers Price Target to $4.6
Daiwa Capital analyst Carlton Lai maintains HUYA (NYSE:HUYA) with a Outperform and lowers the price target from $5.7 to $4.6.
DouYu Registers 17% Revenue Decline In Q1 Amid China’s Live Streaming Crackdown
DouYu International Holdings Limited (NASDAQ:DOYU) reported a first-quarter FY22 revenue decline of 16.6% to $283.3 million year-on-year, beating the consensus of…
HUYA Misses Q1 Revenue Amid Live Streaming Crackdown, COVID Resurgence
HUYA Inc (NYSE:HUYA) reported a first-quarter FY22 revenue decline of 5.4% year-on-year to $388.8 million, missing the consensus of $435.6 million.…