Tuya (NYSE: TUYA) has announced that it will be unveiling its second quarter financial results on Monday 26th August 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to the forecasts of financial experts on Wall Street, the business is expected to reveal an anticipated $0.02 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $70.52 million.
The forecasts for the company's annual performance have been disclosed by Wall Street analysts, with an estimated total revenue of $279.93 million. In addition, they anticipate the company to report profit of $0.08 per share for the fiscal year.
In the same quarter of the previous year, the company's financial statement revealed an impressive $57 million.
The business has scheduled a conference call on 26th August 2024 at 08:30 PM eastern time to discuss Q2 financial results.
During Friday's trading, Tuya (TUYA) shares reached a low of $1.50 and a high of $1.68, along with a total volume of 1.03 million shares. The stock ended the regular trading session at $1.64, demonstrating a gain of 2.50 percent.