Workflow
Tuya Reports First Quarter 2025 Unaudited Financial Results
Prnewswire·2025-05-21 06:00

SANTA CLARA, Calif., May 20, 2025 /PRNewswire/ -- Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced its unaudited financial results for the first quarter ended March 31, 2025.First Quarter 2025 Financial Highlights Total revenue was US74.7million,upapproximately21.174.7 million, up approximately 21.1% year-over-year (1Q2024: US61.7 million). IoT platform-as-a-service ("PaaS") revenue was US53.7million,upapproximately17.953.7 million, up approximately 17.9% year-over-year (1Q2024: US45.6 ...