


Huya's revenue fell to 1.648 billion yuan in the third quarter of 2023, with live broadcast and advertising revenue decreasing year-on-year
News from this site on November 14, Huya announced today that the total net revenue in the third quarter of 2023 was 1.648 billion yuan (225.8 million U.S. dollars), compared with 2.379 billion yuan in the same period in 2022 RMB.
Net income attributable to Huya in the third quarter of 2023 was 12.1 million yuan ($1.7 million), compared with 60.4 million yuan in the same period of 2022.
Non-GAAP net income attributable to the company was 103.3 million yuan ($14.2 million) in the third quarter of 2023, compared with 106.1 million yuan in the same period in 2022.
Huya Live’s average mobile monthly active users were flat at 86 million in the third quarter of 2023, compared with 86 million in the same period in 2022.
Wu Xin, acting co-CEO and vice president of Huya, said: "Against the backdrop of a weak industry environment and our active business adjustments, our total net revenue in the third quarter of 2023 was approximately RMB 1.6 billion. . In the third quarter, our gross profit margin was 13.9%, and total operating expenses decreased by 20.7% year-over-year, reflecting our continued operational optimization efforts. In addition, in mid-August 2023, we announced that we had authorized 12 A stock repurchase program of up to $100 million was implemented during the month, with $9 million of shares repurchased as of the end of the third quarter. Looking ahead, we remain committed to further improving our financial fundamentals while increasing shareholder value."
This site learned from the financial report that live broadcast revenue in the third quarter of 2023 was RMB 1.5317 billion (USD 209.9 million), while it was RMB 2.0171 billion in the same period of 2022. Mainly due to Huya’s quarterly payment The number of users decreased , with the number of quarterly paid users decreasing from 5.5 million in the same period of 2022 to 4.2 million in the third quarter of 2023.
Advertising and other revenue reached 116.1 million yuan ($15.9 million) in the third quarter of 2023, compared with 361.4 million yuan in the same period in 2022. This is mainly due to the sharp decline in content sublicensing revenue
Advertising statement: This article contains external links, including but not limited to hyperlinks, QR codes, passwords, etc., in order to provide more information and save money. Screening time. Please note that these links are for reference only and all articles on this site contain this statement
The above is the detailed content of Huya's revenue fell to 1.648 billion yuan in the third quarter of 2023, with live broadcast and advertising revenue decreasing year-on-year. For more information, please follow other related articles on the PHP Chinese website!

This tutorial guides you through building a serverless image processing pipeline using AWS services. We'll create a Next.js frontend deployed on an ECS Fargate cluster, interacting with an API Gateway, Lambda functions, S3 buckets, and DynamoDB. Th

This pilot program, a collaboration between the CNCF (Cloud Native Computing Foundation), Ampere Computing, Equinix Metal, and Actuated, streamlines arm64 CI/CD for CNCF GitHub projects. The initiative addresses security concerns and performance lim

This Go-based network vulnerability scanner efficiently identifies potential security weaknesses. It leverages Go's concurrency features for speed and includes service detection and vulnerability matching. Let's explore its capabilities and ethical

Website construction is just the first step: the importance of SEO and backlinks Building a website is just the first step to converting it into a valuable marketing asset. You need to do SEO optimization to improve the visibility of your website in search engines and attract potential customers. Backlinks are the key to improving your website rankings, and it shows Google and other search engines the authority and credibility of your website. Not all backlinks are beneficial: Identify and avoid harmful links Not all backlinks are beneficial. Harmful links can harm your ranking. Excellent free backlink checking tool monitors the source of links to your website and reminds you of harmful links. In addition, you can also analyze your competitors’ link strategies and learn from them. Free backlink checking tool: Your SEO intelligence officer


Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

AI Hentai Generator
Generate AI Hentai for free.

Hot Article

Hot Tools

Atom editor mac version download
The most popular open source editor

MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use