Tuya (TUYA) to Release Earnings on Tuesday

Tuya (NYSE:TUYA) will likely be announcing its Q1 2025 earnings results after the market closes on Tuesday, May 20th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $73.20 million for the quarter.

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

Tuya Stock Performance

Shares of TUYA stock opened at $2.74 on Monday. 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. The firm’s 50-day simple moving average is $2.66 and its two-hundred day simple moving average is $2.39.

Tuya Dividend Announcement

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

Institutional Trading of Tuya

An institutional investor recently raised its position in Tuya stock. Goldman Sachs Group Inc. grew its holdings in Tuya Inc. (NYSE:TUYA) by 75.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 368,011 shares of the company’s stock after purchasing an additional 157,978 shares during the period. Goldman Sachs Group Inc. owned approximately 0.07% of Tuya worth $1,115,000 at the end of the most recent quarter. Hedge funds and other institutional investors 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.