Tuya (TUYA) Expected to Announce Earnings on Tuesday

Tuya (NYSE:TUYA) is expected to post its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 20th. Analysts expect Tuya to post earnings of $0.02 per share and revenue of $73.20 million for the quarter.

Tuya (NYSE:TUYA) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Tuya had a negative net margin of 5.55% and a negative return on equity of 0.58%. The firm had revenue of $82.06 million for the quarter, compared to analysts’ expectations of $81.40 million.

Tuya Stock Performance

NYSE:TUYA opened at $2.74 on Friday. The business’s fifty day moving average is $2.66 and its 200 day moving average is $2.39. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of -91.17 and a beta of 0.46. Tuya has a 52-week low of $1.28 and a 52-week high of $4.63.

Tuya Dividend Announcement

The firm also recently declared a — dividend, which was paid on Tuesday, April 15th. Investors of record on Thursday, March 13th were issued a $0.0608 dividend. The ex-dividend date was Thursday, March 13th. This represents a yield of 6.1%. Tuya’s dividend payout ratio is presently 400.00%.

Institutional Trading of Tuya

A hedge fund recently raised its stake in Tuya stock. Goldman Sachs Group Inc. raised its holdings in Tuya Inc. (NYSE:TUYA) by 75.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 368,011 shares of the company’s stock after acquiring an additional 157,978 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.07% of Tuya worth $1,115,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 11.47% of the company’s stock.

About Tuya

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.