Wednesday, May 17, 2023

Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Tencent reports Q1 revenue up 11% YoY to ~$21.4B, above estimates and the fastest growth in over a year, and net income up 10% YoY to ~$3.6B, below estimates  —  Tencent Holdings Ltd.'s earnings missed estimates despite the fastest pace of revenue growth in more than a year …



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Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advertising and resilient game spending (Bloomberg)

Bloomberg : Tencent reports Q2 revenue up 11% YoY to ~$30.4B, above ~$30B est., and net income of ~$8.3B, driven by surging WeChat advert...