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TUYA - Tuya GAAP EPS of -$0.15 misses by $0.06 revenue of $55.3M misses by $0.9M
Tuya Inc. American Depositary Shares each representing one Class A
Tuya press release (NYSE:TUYA): Q1 GAAP EPS of -$0.15 misses by $0.06. Revenue of $55.3M (-2.8% Y/Y) misses by $0.9M. IoT PaaS revenue was US$41.8 million, down approximately 16.1% year over year (1Q2021: US$49.8 million). SaaS and other revenue was US$5.8 million, up approximately 146.7% year over year (1Q2021: US$2.3 million).