US Stock Market Move | Tuya, Inc. Sponsored ADR Class A(TUYA.US) rose 9% in the first quarter, turning a loss into a profit year-on-year.

On Tuesday, Tuya, Inc. Sponsored ADR Class A (TUYA.US) rose 9% to $2.64. According to the financial report, in the first quarter of 2025, Tuya, Inc. Sponsored ADR Class A's total revenue was $74.7 million, an increase of approximately 21.1% year-on-year; net profit was $11 million, turning from a loss to a profit. The overall gross profit margin was 48.5%, up by 0.7 percentage points year-on-year.