07:12 AM EDT, 05/13/2024 (MT Newswires) -- Huya ( HUYA ) reported Q1 non-GAAP net income Monday of 0.39 Chinese renminbi ($0.05) per diluted share, up from 0.35 renminbi a year earlier.

One analyst polled by Capital IQ expected 0.17 renminbi.

Total net revenue for the quarter ended March 31 was 1.5 billion renminbi, down from 1.96 billion renminbi a year earlier.

Three analysts surveyed by Capital IQ expected 1.49 billion renminbi.

The company's shares were up 2% in recent premarket activity.

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