HUYA Inc. (NYSE:HUYA) Q2 2019 Earnings Conference Call - Final Transcript

Aug 13, 2019 • 08:00 pm ET

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HUYA Inc. (NYSE:HUYA) Q2 2019 Earnings Conference Call - Final Transcript

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Presentation
Operator
Operator

Hello, ladies and gentlemen. Thank you for standing by for the Second Quarter 2019 Earnings Conference Call for HUYA Inc. [Operator Instructions] Today's conference call is being recorded.

I will now turn the call over to Ms. Hanyu Liu, Company Investor Relations. Please go ahead.

Executive
Hanyu Liu

Hello, everyone, and welcome to the second quarter 2019 earnings conference call of HUYA Inc. 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 on today's call will be Mr. David Li, Chairman of Huya; Mr. Rongjie Dong, Chief Executive Officer; and Mr. Henry Sha, Chief Financial Officer. 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 under 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 this 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 under applicable law.

Please also note that Huya's earnings press release and this conference call includes 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.

I will now turn the call over to our Chairman, Mr. David Li. Please go ahead.

Executive
David Xueling Li

Thank you. Hello, everyone. Thank you to join Huya's 2019 second quarter earnings conference call. With a track record of top line growth and seven quarters' continued profitability, Huya is now well recognized as a number one game live streaming platform in China. I'm impressed by Huya's second quarter as another quarter with outstanding financial and operating performance. Pursuing great opportunities in the e-sport market in China and in global. Huya's RMB2 billion revenue milestone and its fast-growing MAUs in the second quarter have once again reflected the successful execution of the Company's strategies.

I have been engaged in the live streaming industry for years, and I am confident that Huya will remain a leader in the skill-cross [Phonetic] revenue, profitability and the mobile MAUs. I'm also confident about its margin expansion in the long-term. With its overseas strategy served as a future growth engine, I believe that Huya will -- differentiation strategy will create long-term value for shareholders.

Now, I would like to pass the call over to our CEO, Rongjie to go through the second quarter's results in more details.

Executive
Rongjie Dong

Thank you, David. Hello, everyone. Thank you for joining us today. We are very pleased to report strong