Tencent misses estimates with ~$20.1B in Q1 revenue, up 0.1% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak

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tencent 20.1b q1 yoy 3.5b tencent

tencent 20.1b q1 yoy 3.5b tencent

Tencent misses estimates with ~$20.1B in Q1 revenue, up 0.1% YoY, as net income dropped 51% YoY to ~$3.5B; Tencent has lost ~$500B in value since its 2021 peak

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Daniel Harrison

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