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Tencent Q3 2023 Earnings Report

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$49.23 -0.11 (-0.22%)
As of 03:59 PM Eastern

Tencent EPS Results

Actual EPS
$0.55
Consensus EPS
$0.54
Beat/Miss
Beat by +$0.01
One Year Ago EPS
N/A

Tencent Revenue Results

Actual Revenue
$21.37 billion
Expected Revenue
$22.28 billion
Beat/Miss
Missed by -$911.95 million
YoY Revenue Growth
N/A

Tencent Announcement Details

Quarter
Q3 2023
Time
N/A

Conference Call Resources

Tencent Earnings Headlines

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About Tencent

Tencent (OTCMKTS:TCEHY), an investment holding company, offers value-added services (VAS), online advertising, fintech, and business services in the People's Republic of China and internationally. It operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. The company's consumers business provides communication and services, such as instant messaging and social network; digital content including online games, videos, live streaming, news, music, and literature; fintech services, which includes mobile payment, wealth management, loans, and securities trading; and various tools, such as network security management, browser, navigation, application management, email, etc. Its enterprise business comprises marketing solutions, which offers digital tools including user insight, creative management, placement strategy, and digital assets management; and cloud services, such as cloud computing, big data analytics, artificial intelligence, Internet of Things, security and other technologies for financial services, education, healthcare, retail, industry, transport, energy, and radio & television application. In addition, the company operates innovation business, which includes artificial intelligences; and discover and develops enterprise and next-generation technologies for food production, energy, and water management application. Tencent Holdings Limited was formerly known as Tencent (BVI) Limited and changed its name to Tencent Holding Limited in February 2004. The company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.

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