Tuya Inc Stock Price, News & Analysis

Tuya (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has scheduled its first quarter 2025 earnings release for May 20, 2025, after market close. The company will host a conference call at 8:30 PM Eastern Time on May 20, 2025 (8:30 AM Hong Kong Time on May 21, 2025) to discuss the financial results.

Participants can join through an online webcast or conference call, with registration required for both options. A webcast replay will be available on Tuya's investor relations website.

Tuya (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has announced the filing of its 2024 annual report on Form 20-F with the SEC on April 24, 2025. The report covers the fiscal year ended December 31, 2024, and is accessible through the company's investor relations website and the SEC's website.

Additionally, the company has released its Environmental, Social and Governance (ESG) Report, detailing its sustainability strategies and achievements. Shareholders and ADS holders can request free hard copies of the annual report, including complete audited financial statements.

Tuya Smart (NYSE: TUYA, HKEX: 2391) unveiled four core AIoT technology engines at its 2025 Global Developer Summit in Shenzhen. The company introduced the AI Agent Development Platform, which integrates major language models like DeepSeek, OpenAI, and Gemini, enabling single-line code integration for various AI functions.

Three additional engines were announced: Tuya.AI, offering end-to-end AI hardware development solutions that can integrate AI capabilities into smart devices in 10 minutes; TuyaOpen, an open-source development framework for AIoT industry featuring cross-platform compatibility and cloud-edge integration; and HEDV, an edge computing platform providing enhanced data security and customized development capabilities for enterprise scenarios.

The company also announced free access to Tuya AI Tokens for developers using Tuya solutions, aiming to accelerate global AI commercialization.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced a strategic collaboration with DeepSeek to revolutionize smart home technology through emotionally intelligent AI companions. The partnership integrates DeepSeek's advanced AI model into Tuya's AIoT platform, enabling smart devices to provide emotional support and companionship.

The initiative transforms everyday devices like cleaning robots and smart photo frames into intuitive companions that can recognize and respond to users' emotional states. Key features include natural language processing, context modeling, and sentiment analysis capabilities that allow devices to engage in meaningful interactions.

The companies are exploring innovative product concepts including:

• Holographic Projection Companions for immersive interactions
• Pet Robots that simulate authentic pet experiences
• Soul Resonance Crystal Jewelry for emotional connection
• AI Magic Mirrors offering personalized lifestyle assistance

Tuya Smart (NYSE: TUYA, HKEX: 2391) is revolutionizing smart energy management through advanced AI integration. The company has developed a Home Energy Management System (HEMS) that combines power generation, storage, charging, and usage capabilities.

Tuya is integrating global AI models including ChatGPT, Tongyi Qianwen, DeepSeek, Gemini, and Amazon Nova to enhance smart device development. The company's AI-powered solutions include smart air conditioning systems that adapt to user behavior, intelligent lighting systems that optimize energy usage, and EV charging optimization.

The system extends to cloud-based energy management for commercial buildings and industrial parks, offering real-time energy consumption mapping and optimization. Notable features include leak detection in underground pipelines saving up to 1,500 tons of water annually, and rapid energy allocation during power disruptions within 0.5 seconds.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced integration of the DeepSeek large language model into its AIoT platform to help developers create advanced home management robots. The global home service robot market, valued at USD 10.7 billion in 2023, is projected to reach USD 14.24 billion by 2030, growing at a 4.4% CAGR from 2024-2030.

The integration aims to address current market challenges including high technical costs and operational mismatches. The enhanced robots will feature bio-level interaction and cognitive enhancement capabilities, functioning as personal butlers. Key functionalities include:

• Daily life management with full-domain reasoning technology
• Emotional cognition and personalized interactions
• 24/7 family safety monitoring and emergency response

Tuya Inc (NYSE: TUYA; HKEX: 2391) reported strong Q4 2024 financial results with total revenue reaching US$82.1 million, up 27.4% year-over-year. The company achieved significant milestones including first-time profitability with Q4 net profits of US$9.8 million.

Key Q4 metrics show IoT PaaS revenue increased 25.7% to US$59.3 million, SaaS revenue grew 21.1% to US$11.5 million, and Smart solution revenue rose 45.5% to US$11.3 million. Overall gross margin improved to 47.8%, while non-GAAP operating margin reached 10.3%.

For full-year 2024, total revenue grew 29.8% to US$298.6 million, marking the company's first fiscal year of both operating profitability on a non-GAAP basis and net profitability on a GAAP basis. The company maintains a strong cash position of US$1.017 billion as of December 31, 2024.

Tuya Inc. (NYSE: TUYA) reported strong Q4 and fiscal 2024 financial results. Q4 total revenue increased 27.4% YoY to US$82.1 million, with IoT PaaS revenue up 25.7% to US$59.3 million. The company achieved Q4 net profits of US$9.8 million, compared to a loss of US$10.8 million in Q4 2023.

For full-year 2024, total revenue grew 29.8% to US$298.6 million. The company reached three key milestones: quarterly non-GAAP operating profitability, full-year non-GAAP operating profitability, and full-year GAAP profitability. Net profits were US$5.0 million, marking the first fiscal year of net profitability. Cash position remained strong at US$1.017 billion with seven consecutive quarters of positive operating cash flow.

Tuya Inc. released its Q4 and fiscal year 2024 unaudited financial results on February 26, 2025, from Santa Clara, California. No specific financial details were provided in the press release excerpt.