HUYA Stock Recent News
HUYA LATEST HEADLINES
HUYA Inc. now trading at negative $730M enterprise value, meaning a theoretical acquirer would put up $0 to buy the business, and would walk away with the business and $730M cash. HUYA is now trading at 36% of NCAV and 40.5% of net cash, with NCAV of $5.81 per ADR and net cash of $5.18 per ADR.
HUYA clears a very low bar this quarter, as massive cost cuts get its bottom line back to black. With the impact of tightened regulations set to kick in over the coming months, however, the earnings outlook is cloudy.
Analysts weigh in on the company's second-quarter results, with one downgrading his recommendation.
HUYA Inc. (NYSE:HUYA ) Q2 2022 Results Conference Call August 16, 2022 7:00 AM ET Company Participants Hanyu Liu - Investor Relations Rongjie Dong - Chief Executive Officer Ashley Wu - Vice President, Finance Conference Call Participants Yiwen Zhang - China Renaissance Ritchie Sun - HSBC Thomas Chong - Jefferies Lei Zhang - Bank of America Operator Hello, ladies and gentlemen. Thank you for standing by for the Second Quarter 2022 Earnings Conference Call for HUYA Inc. [Operator Instructions] Today's conference call is being recorded.
-Earnings Call Scheduled for 7:00 a.m. ET on August 16 , 2022- GUANGZHOU, China , July 20, 2022 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its second quarter 2022 unaudited financial results on Tuesday, August 16, 2022, before the open of U.S. markets.
A new COVID-19 surge and a tech crackdown weighed on a broad range of Chinese stocks.
A loosening of restrictions in China's largest city helped fuel a broad-based rally.
HUYA is one of the leading live streaming platforms in China. As the No.1 streaming platform for gaming, HUYA regularly hosts e-Sports event organizers and collaborates with major game developers. HUYA stock is down 41% YTD and 90% from February 2021 levels. The company is now trading at -$650 million enterprise value.
Top Wall Street Investors Own These 5 Penny Stocks. Are They A Buy Now?
HUYA Inc. (NYSE:HUYA ) Q1 2022 Earnings Conference Call May 17, 2022 7:00 AM ET Company Participants Hanyu Liu - Investor Relations Rongjie Dong - Chief Executive Officer Ashley Wu - Vice President, Finance Conference Call Participants Thomas Chong - Jefferies Yiwen Zhang - China Renaissance Lei Zhang - Bank of America Ritchie Sun - HSBC Operator Hello, ladies and gentlemen, thank you for standing by for the First Quarter 2022 Earnings Conference Call for Huya, Inc. At this time, all participants are in a listen-only mode. Today's conference call is being recorded.