Tuya (NYSE:TUYA - Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.01), Zacks reports. Tuya had a negative return on equity of 0.58% and a negative net margin of 5.55%. The company had revenue of $82.06 million for the quarter, compared to the consensus estimate of $81.40 million.
Tuya Stock Performance
Shares of TUYA traded down $0.29 during mid-day trading on Friday, reaching $3.40. 4,265,590 shares of the company were exchanged, compared to its average volume of 4,438,644. Tuya has a 52 week low of $1.28 and a 52 week high of $4.63. The stock has a market capitalization of $1.81 billion, a PE ratio of -113.17 and a beta of 0.48. The business has a 50 day simple moving average of $2.46 and a two-hundred day simple moving average of $1.91.
About Tuya
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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.
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