HUYA Shares Gain on Q3 EPS Beat, Mobile User Growth

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on Oct. 15, 2021. Spencer Platt/Getty Images

HUYA Inc (HUYA) reported third-quarter FY21 revenue growth of 5.7 percent year-on-year to $461.8 million, missing the consensus of $475.5 million.

Segments

HUYA’s Live streaming revenues declined by 2.1 percent Y/Y to $403.8 million from lower average spending per paying user on Huya Live.

HUYA’s advertising and other revenues rose 137.1 percent Y/Y to $58 million, driven by content licensing revenue.