Tencent Q3 2024 earnings

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Tencent Q3 2024 earnings

******** tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China.

Cheng Xin | Getty Images News | Getty Images

******** social media and gaming company Tencent on Wednesday reported better-than-expected profit in the third quarter, spurred by growth in games, advertising and cloud services.

Tencent reported profit attributable to shareholders of 53.23 billion yuan ($7.37 billion) in the third quarter, compared with a LSEG estimate of 46.18 billion yuan over the *******.

The company’s revenue came in at 167.19 billion yuan, short of the 167.82 billion yuan analyst forecast.

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