HUYA Inc. (NYSE:HUYA) Q3 2023 Earnings Conference Call November 14, 2023 7:00 AM ET
Company Participants
Hanyu Liu - Investor Relations
Ashley Wu - Acting Co-Chief Executive Officer & Vice President of Finance
Junhong Huang - Acting Co-Chief Executive Officer & Senior Vice President
Conference Call Participants
Yiwen Zhang - China Renaissance
Ritchie Sun - HSBC
Lei Zhang - Bank of America
Ivan Su - Morningstar
Hanyu Liu
Good day, and good evening, and thank you for standing by. Welcome to HUYA's Third Quarter 2023 Earnings Webinar. I am Hanyu Liu from HUYA's Investor Relations. At this time, all participants are in a listen-only mode. Please be advised that today's webinar is being recorded.
The company's financial and operational results were issued earlier today and are posted online. You can also view the earnings press release by visiting the IR website at ir@huya.com. A replay of the call will be available on the IR website in a few hours.
Participants of management on today's call will be Mr. Junhong Huang, Acting Co-CEO and Senior Vice President of HUYA; and Ms. Ashley Wu, Acting Co-CEO and Vice President of Finance. Management will begin with prepared remarks and the call will conclude with a Q&A session.
Before we continue please note that today's discussion will contain forward-looking statements made on the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, the company's results may be materially different from the views expressed today. Further information regarding these and other risks and uncertainties is included in the company's prospectus and other public filings as filed with the U.S. Securities and Exchange Commission. The company does not assume any obligation to update any forward-looking statements except as required on the applicable law.
Please also note that HUYA's earnings press release and this conference call include discussions of unaudited GAAP financial information as well as unaudited non-GAAP financial measures. HUYA's press release contains a reconciliation of the unaudited non-GAAP measures to the unaudited most directly comparable GAAP measures.
With that, I'm pleased to turn the call over to our Acting Co-CEO and SVP Mr. Junhong Huang. Please go ahead.
Junhong Huang
Okay. Hello, everyone. Thank you for joining our earnings conference today. The third quarter of 2023 was a transition period for HUYA. Amid the soft industry environment and our proactive business adjustment, we achieved total net revenues of RMB 1.65 billion in the third quarter.