AUSTIN, Texas, Aug. 24, 2026 /PRNewswire/ — 360training.com, Inc., recognized by Newsweek’s America’s Top Online Learning Providers list, today announced the acquisition of select assets from Electronic Medical Certification (eMedCert.com). The acquisition expands 360training’s presence in healthcare training, adding an established life support certification brand to its growing portfolio of training providers serving learners across the United States.

Established in 2014, eMedCert offers online Advanced Cardiac Life Support (ACLS), Pediatric Advanced Life Support (PALS), and Basic Life Support (BLS) certification and recertification courses, providing healthcare professionals with a convenient alternative to traditional classroom-based training. Through eMedCert’s joint accreditation with the Postgraduate Institute for Medicine (PIM), CME continuing education credits are available with its courses.

“eMedCert has built a strong reputation among healthcare professionals who need trustworthy, accessible life support certification,” said Tom Anderson, CEO of 360training. “This acquisition strengthens our healthcare training offering and reinforces our commitment to serving clinicians with training options that fit their busy schedules.”

“We built eMedCert to make life support certification more accessible for busy healthcare professionals,” said Wilson Rapp, Co-Founder of eMedCert. “Joining 360training gives us the opportunity to build on that mission and bring the eMedCert experience to more learners and organizations.”

Having delivered more than 150,000 certifications to nearly 70,000 learners, eMedCert brings an established learner base to 360training’s ecosystem, along with a course model focused on convenience, affordability, and clinical accuracy.

“Life support certification is a recurring need for healthcare professionals, and this acquisition allows us to support the full renewal cycle, from initial certification through recertification, within a single platform,” said Samantha Montalbano, COO of 360training. “By combining eMedCert’s established certification programs with 360training’s learning technology and infrastructure, we can make it easier for both individual clinicians and employers to manage training requirements, track completions, and stay ahead of upcoming renewals.”

By combining eMedCert’s life support certification expertise with 360training’s technology and infrastructure, the company can serve both individual healthcare professionals and enterprise employers with scalable training, centralized compliance reporting, and enterprise administrative tools.

“Healthcare professionals need certification training they can trust and complete on their own schedule, whether they’re independent clinicians or part of a large hospital system,” said Ryan Linders, CMO of 360training. “eMedCert has already earned that trust with its learners. By bringing the brand into 360training, we’re able to offer an even more seamless certification and recertification experience for clinicians and healthcare-adjacent professionals who rely on it.”

The acquisition further expands 360training’s healthcare-focused learner base and strengthens its presence across the healthcare, EHS, and compliance training markets it serves nationwide.

About 360training

Established in 1997, 360training.com, Inc. is a trusted leader specializing in comprehensive online training solutions for individuals and businesses across various industries, including food and beverage, environmental health and safety, real estate, healthcare, financial services, and power and utilities. Having issued over 21 million training certificates to 12.5+ million learners across 17+ brands, 360training embraces innovative technology and a commitment to quality education to offer accredited courses, fostering safe and healthy communities. As part of this commitment, the company continues to seek acquisition opportunities that build synergies and enhance value for its customers.

360training’s family of brands include Learn2Serve, OSHAcampus, AgentCampus, OSHA.com, VanEd, AdvanceOnline, ACLS Medical Training, American Health Training, American Resuscitation Council, Canadian Food Safety/SafeCheck®, Compliance Training Online, Hard Hat Training, HIPAA Exams, Mortgage Educators and Compliance (MEC), My Mortgage Trainer, National Food Handlers Foundation, National Forklift Foundation, National HAZWOPER Foundation, National OSHA Foundation, Ready Training Online (RTO®), TABC On The Fly, BASSET On The Fly, Certified On The Fly, TIPS, and UST Training. 360training is a portfolio company of GreyLion and Vestar Capital Partners.

Please visit www.360training.com or our social media accounts on Facebook and LinkedIn to learn more.

About GreyLion Partners LP

GreyLion focuses on investing in high-growth businesses in the lower middle market across two sectors: (i) services and (ii) specialized industrial and manufacturing. The team seeks to partner with existing owners and management teams to deliver capital in tailored and flexible structures. The GreyLion partners have spent nearly two decades executing a consistent strategy of investing $25-$125 million of capital per investment, primarily within the United States. For more information on GreyLion, please visit www.greylion.com.

About Vestar Capital Partners

Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, focusing on Consumer, Business & Technology Services, and Healthcare.

About eMedCert

Electronic Medical Certification (eMedCert.com) is an online provider of Advanced Cardiac Life Support (ACLS), Pediatric Advanced Life Support (PALS), and Basic Life Support (BLS) certification and recertification courses. eMedCert provides streamlined online coursework and testing, supported by resources and customer service to help learners navigate the certification process.

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SOURCE 360training.com, Inc.

SYDNEY, Aug. 25, 2026 /PRNewswire/ — As AI exponentially increases the volume of code generated by mid-sized technology teams, Saigon Technology, an AI-native software engineering partner, is deploying its integrated delivery system to solve the industry’s emerging scaling bottleneck. While engineers can now prototype features, write tests, and automate repetitive work faster than ever, many companies find their existing infrastructures struggling to keep pace with the accelerated output.

For Saigon Technology, the question is no longer simply how much more code AI can help a team produce, but whether the surrounding engineering framework can successfully scale to turn that capacity into reliable, production-ready software.

More Coding Capacity Does Not Mean More Engineering Capacity

AI coding assistants can increase development output, but engineering goes far beyond writing code. It also requires architecture, security, testing, infrastructure, reliability, integration, and production operations. AI can accelerate these tasks, but it does not automatically create the systems and standards needed to connect them.

Consider two approaches: Company A, with 10 engineers using AI coding assistants, and Company B, with AI embedded in an integrated engineering system covering reusable components, automated QA, DevOps, security, and architecture practices.

“Company A may produce more code as AI becomes embedded across its workflow. The software may still work well. But as output scales, there can also be more code to review, integrate, secure, test, and maintain,” said Phong Le, AI Tech Lead at Saigon Technology. “The issue is therefore whether the engineering system can turn additional coding capacity into scalable delivery.”

A Lesson From The Digital Transformation Era

The pattern is familiar with earlier technology shifts.

Cloud platforms, automation, and digital systems created significant new capabilities. But without supporting processes, governance, and operating models, organizations could also end up with fragmented systems, duplicated capabilities, and greater complexity.

AI-assisted development may create a similar challenge inside software engineering.

Why an AI-Native Engineering System Matters

This is where Saigon Technology’s AI-native engineering system comes in. The model is connecting engineers and AI with the systems required to deliver software across the full lifecycle.

That includes:

AI-assisted development: accelerating implementation and repetitive technical workReusable components and patterns: reducing duplicated effort and improving consistencyAutomated QA and testing: validating a larger volume of AI-assisted outputDevOps and CI/CD: keeping higher development velocity manageable in deliverySecurity and architecture practices: maintaining consistency across AI-assisted decisionsCloud and production operations: supporting software beyond development

The value is the combination of people, AI, engineering standards, automation, and accumulated delivery experience working as one system.

What This Means for Established Technology Teams

A company may already have a capable CTO and engineering organization. The challenge may instead be balancing modernization with new product development, expanding an AI initiative while maintaining core platforms, or increasing delivery volume without growing the internal organization at the same pace.

In these situations, an external engineering partner can add more than developers. It can bring an established delivery system that complements the capabilities already inside the business.

This is the model Saigon Technology is applying as AI reshapes software delivery: using AI to expand coding capacity while connecting that capacity to the engineering practices required for reliable, scalable production delivery.

With 14+ years of software engineering experience, 400+ engineers, and 850+ projects delivered across industries, Saigon Technology is applying its AI-native engineering approach to help established technology teams expand what they can deliver without rebuilding their engineering operation from the ground up.

Learn more about Saigon Technology’s AI-native engineering and AI optimization capabilities at saigontechnology.com.

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SOURCE Saigon Technology

SANTA CLARA, Calif., Aug. 24, 2026 /PRNewswire/ — Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced its unaudited financial results for the second quarter ended June 30, 2026.

Total revenue was US$92.9 million, up approximately 16.0% year-over-year (2Q2025: US$80.1 million).

Platform-as-a-service (“PaaS”) revenue was US$67.9 million, up approximately 16.9% year-over-year (2Q2025: US$58.1 million).

AI application & others revenue was US$11.5 million, up approximately 3.9% year-over-year (2Q2025: US$11.1 million).

Smart home & robot product revenue was US$13.5 million, up approximately 23.2% year-over-year (2Q2025: US$10.9 million).

Overall gross margin was 46.3%, down 2.1 percentage points year-over-year (2Q2025: 48.4%). Gross margin of PaaS was 46.8% (2Q2025: 48.7%).

Operating margin was 10.0%, up 8.6 percentage points year-over-year (2Q2025: 1.4%). Non-GAAP operating margin was 10.3% (2Q2025: 10.7%). 

Net margin was 20.1%, improved by 4.4 percentage points year-over-year (2Q2025: 15.7%). Non-GAAP net margin was 20.4% (2Q2025: 25.1%).

Net profits were US$18.6 million (2Q2025: US$12.6 million). Non-GAAP net profits were US$18.9 million (2Q2025: US$20.1 million).

Net cash generated from operating activities was US$6.2 million (2Q2025: US$18.2 million).

Total cash and cash equivalents, time deposits and treasury securities recorded as short-term and long-term investments were US$976.1 million as of June 30, 2026, compared to US$1,017.3 million as of December 31, 2025.

For further information on the non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

Premium PaaS customers[1] for the trailing 12 months ended June 30, 2026 were 318 (2Q2025: 285). In the second quarter of 2026, the Company’s premium PaaS customers contributed approximately 89.5% of its PaaS revenue (2Q2025: approximately 88.6%).

Registered AI developers were over 2,092,000 as of June 30, 2026, up 16.2% from approximately 1,801,000 developers as of December 31, 2025.The Company defines a premium PaaS customer as a customer as of a given date that contributed more than US$100,000 of PaaS revenue during the immediately preceding 12-month period.

Mr. Xueji (Jerry) Wang, Founder and Chief Executive Officer of Tuya, commented, “In the second quarter, despite a complex global operating environment, the Company continued to demonstrate solid growth momentum. Total revenue increased by 16.0% year over year to US$92.9 million, with PaaS revenue increasing by 16.9% and remaining the Company’s primary growth driver. This performance reflected resilient demand across selected home appliance categories and increasing adoption of differentiated, AI-enabled products and solutions.

Strategically, we continued to advance the productization and real-world deployment of AI. Shipments of our AI-powered companion product solutions continued to expand, while the launch of Tuya Cobuilder further lowered the barriers to AI hardware development by helping developers move more efficiently from product concept to physical-device deployment. Looking ahead, we will remain focused on AI-native application innovation, AI developer platform development and the global expansion of validated solutions.”

Mr. Yi (Alex) Yang, Director and Chief Financial Officer of Tuya, added, “In the second quarter, total revenue reached US$92.9 million, up 16.0% year over year. PaaS revenue was US$67.9 million, up 16.9%, while Smart home & robot product revenue increased by 23.2% to US$13.5 million and AI application & others revenue increased by 3.9% to US$11.5 million.

Despite pressure from product and solution mix and semiconductor supply-chain pricing, gross profit increased by 11.1% year over year to US$43.0 million. Non-GAAP profit from operations increased by 11.7% to US$9.6 million, with non-GAAP operating margin remaining in double digits at 10.3%. We ended the quarter with approximately US$976.1 million in cash and cash equivalents, time deposits and treasury securities, providing continued flexibility to support our AI capabilities, global expansion and long-term strategic investments.”

Second Quarter 2026 Unaudited Financial Results

REVENUE

Total revenue in the second quarter of 2026 increased by 16.0% to US$92.9 million from US$80.1 million in the same period of 2025.

PaaS revenue in the second quarter of 2026 increased by 16.9% to US$67.9 million from US$58.1 million in the same period of 2025, primarily due to increasing demand compared with the same period of 2025 and the Company’s strategic focus on customer needs and product enhancements, despite the disruptions in the international business environment due to tariff-related headwinds since April 2025. Our core customer base remained stable.

AI application & others revenue in the second quarter of 2026 increased by 3.9% to US$11.5 million from US$11.1 million in the same period of 2025, primarily due to an increase in revenue from cloud-based services. During the quarter, the Company remained committed to offering recurring value-added services with AI application functions.

Smart home & robot product revenue in the second quarter of 2026 increased by 23.2% to US$13.5 million from US$10.9 million in the same period of 2025, primarily due to growing customer demands.

GROSS PROFIT AND GROSS MARGIN

Total gross profit in the second quarter of 2026 increased by 11.1% to US$43.0 million from US$38.7 million in the same period of 2025. The gross margin in the second quarter of 2026 was 46.3%, compared to 48.4% in the same period of 2025.

PaaS gross margin in the second quarter of 2026 was 46.8%, compared to 48.7% in the same period of 2025, partly attributable to recent price fluctuations in the semiconductor supply chain.

AI application & others gross margin in the second quarter of 2026 was 72.0%, compared to 72.0% in the same period of 2025.

Smart home & robot product gross margin in the second quarter of 2026 was 21.9%, compared to 22.5% in the same period of 2025.

Gross margin fluctuated primarily due to changes in product and solution mix, as well as fluctuations in semiconductor supply-chain pricing. As an AI developer platform with a rich ecosystem of smart devices and applications, the Company remains focused on AI offering with compelling value propositions while maintaining economic efficiency.

OPERATING EXPENSES

Operating expenses decreased by 10.4% to US$33.7 million in the second quarter of 2026 from US$37.7 million in the same period of 2025. Non-GAAP operating expenses increased by 10.9% to US$33.4 million in the second quarter of 2026 from US$30.2 million in the same period of 2025. For further information on the non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

Research and development expenses in the second quarter of 2026 were US$23.1 million, up 3.4% from US$22.4 million in the same period of 2025, primarily due to i) higher employee-related cost and outsourced labor cost of US$1.2 million, ii) higher third-party cloud service fees of US$0.3 million, iii) partially offset by lower share-based compensation expenses of US$1.1 million as equity incentive awards granted at higher valuations in previous years have been gradually amortized. Non-GAAP adjusted research and development expenses in the second quarter of 2026 were US$22.8 million, compared to US$20.9 million in the same period of 2025.

Sales and marketing expenses in the second quarter of 2026 were US$8.3 million, up 6.4% from US$7.8 million in the same period of 2025, primarily because of i) higher employee-related cost of US$0.5 million, ii) higher marketing expense of US$0.2 million, iii) partially offset by lower share-based compensation expenses of US$0.5 million as equity incentive awards granted at higher valuations in previous years have been gradually amortized. Non-GAAP adjusted sales and marketing expenses in the second quarter of 2026 were US$8.3 million, compared to US$7.2 million in the same period of 2025.

General and administrative expenses in the second quarter of 2026 were US$4.7 million, down 49.8% from US$9.4 million in the same period of 2025, primarily due to i) lower share-based compensation expenses of US$5.3 million as equity incentive awards granted at higher valuations in previous years have been gradually amortized, ii) partially offset by higher allowance for credit losses of US$0.3 million. Non-GAAP adjusted general and administrative expenses in the second quarter of 2026 were US$4.9 million, compared to US$3.9 million in the same period of 2025.

Other operating income, net in the second quarter of 2026 was US$2.4 million, primarily due to the receipt of software value-added tax refunds.

PROFIT FROM OPERATIONS AND OPERATING MARGIN

Profit from operations in the second quarter of 2026 was US$9.3 million, compared to US$1.1 million in the same period of 2025. The Company had a non-GAAP profit from operations of US$9.6 million in the second quarter of 2026, compared to US$8.6 million in the same period of 2025, demonstrating consistent operating profitability and leverage.

Operating margin in the second quarter of 2026 was 10.0%, up 8.6 percentage points from 1.4% in the same period of 2025. Non-GAAP operating margin in the second quarter of 2026 was 10.3%, down 0.4 percentage points from 10.7% in the same period of 2025.

NET PROFIT AND NET MARGIN

Net profit in the second quarter of 2026 was US$18.6 million, increased by 48.0% from US$12.6 million in the same period of 2025. Non-GAAP net profit in the second quarter of 2026 was US$18.9 million, compared to US$20.1 million in the same period of 2025.

Net margin in the second quarter of 2026 was 20.1%, improved by 4.4 percentage points from 15.7% in the same period of 2025. Non-GAAP net margin in the second quarter of 2026 was 20.4%, compared to 25.1% in the same period of 2025.

BASIC AND DILUTED NET PROFIT PER ADS

Basic and diluted net profit per ADS was US$0.03 in the second quarter of 2026, compared to US$0.02 in the same period of 2025. Each ADS represents one Class A ordinary share.

Non-GAAP basic and diluted net profit per ADS was US$0.03 in the second quarter of 2026, compared to US$0.03 in the same period of 2025.

CASH AND CASH EQUIVALENTS, TIME DEPOSITS AND TREASURY SECURITIES RECORDED AS SHORT-TERM AND LONG-TERM INVESTMENTS

Cash and cash equivalents, time deposits and treasury securities recorded as short-term and long-term investments were US$976.1 million as of June 30, 2026, compared to US$1,017.3 million as of December 31, 2025. The Company believes its current cash position is sufficient to meet its current liquidity and working capital needs.

NET CASH GENERATED FROM OPERATING ACTIVITIES

Net cash generated from operating activities in the second quarter of 2026 was US$6.2 million, compared to US$18.2 million in the same period of 2025. The net cash generated from operating activities for the second quarter of 2026 mainly due to working capital changes in the ordinary course of business.

For further information on non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

Business Outlook

The overall operating environment remains complex, while continuing to show signs of normalization. Participants across the value chain – including manufacturers, brands and channel partners – remain cautious in their planning. At the same time, we have observed more normalized project execution and continued demand recovery across several of our core categories, suggesting that the market is gradually moving from adjustment toward a more stable operating rhythm.

Meanwhile, global AI development is entering a new stage of application-led growth. As AI technologies continue to evolve from foundational capabilities toward real-world deployment, enterprises and consumers are increasingly focused on practical use cases, scalable implementation and scenario-based integration with physical devices. This trend is accelerating the convergence of AI and smart hardware and creating new opportunities for application innovation, product expansion and ecosystem collaboration across a wide range of verticals.

Against this backdrop, Tuya continues to advance its AI-driven strategy by strengthening its AI developer platform, expanding application-level capabilities and supporting broader deployment across diverse smart-device and industry scenarios. The ongoing evolution of AI applications, together with the Company’s platform capabilities, ecosystem strengths and global developer base, will continue to support the creation of diversified, higher-value opportunities over the long term.

In this environment, the Company will continue to maintain disciplined execution while selectively investing in AI-driven applications, platform capabilities and ecosystem development. The Company will continue to iterate and improve its products and services, enhance both software and hardware capabilities, and further support customers and developers in bringing AI-driven applications into practical deployment. At the same time, the Company recognizes that its future trajectory may continue to be influenced by a range of external factors, including shifts in consumer demand, regional economic divergence, inventory dynamics, foreign exchange and interest-rate volatility, tariffs and trade-policy adjustments, and broader geopolitical uncertainties.

Conference Call Information

The Company’s management will hold a conference call at 08:30 P.M. U.S. Eastern Time on Monday, August 24, 2026 (08:30 A.M. Hong Kong Time on Tuesday, August 25, 2026) to discuss the financial results. In advance of the conference call, all participants must use the following links to complete the online registration process. Upon registering, each participant will receive the dial-in information and a unique PIN (personal access code) to join the call as well as an email confirmation with the details.

Participants Online Webcast Registration:
https://edge.media-server.com/mmc/p/x8phnjqd

Participants Call Registration:
https://register-conf.media-server.com/register/BI2992f21177c7423c83ce142eb2ef031c

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.tuya.com.

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading AI cloud platform service provider with a mission to build an AI developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built AI cloud platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, AI application & others and Smart home & robot products for developers of smart device, commercial applications, and industries. Through its AI developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness.

In evaluating the business, the Company considers and uses non-GAAP financial measures, such as non-GAAP operating expenses, non-GAAP profit from operations (including non-GAAP operating margin), non-GAAP net profit (including non-GAAP net margin), and non-GAAP basic and diluted net profit per ADS, as supplemental measures to review and assess its operating performance. The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company defines non-GAAP financial measures by excluding the impact of share-based compensation expenses and credit-related impairment/(reversal) of long-term investments from the respective GAAP financial measures. The Company presents the non-GAAP financial measures because they are used by the management to evaluate its operating performance and formulate business plans. The Company also believes that the use of the non-GAAP financial measures facilitates investors’ assessment of its operating performance.

Non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. Non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using the aforementioned non-GAAP financial measures is that they do not reflect all items of expenses that affect the Company’s operations. Share-based compensation expenses and credit-related impairment/(reversal) of long-term investments have been and may continue to be incurred in the business and are not reflected in the presentation of non-GAAP measures. Further, the non-GAAP financial measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP measures to the most directly comparable U.S. GAAP measures, all of which should be considered when evaluating the Company’s performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.

Reconciliations of Tuya’s non-GAAP financial measures to the most comparable U.S. GAAP measures are included at the end of this press release.

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. The forward-looking statements included in this press release are only made as of the date hereof, and the Company disclaims any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.

Tuya Inc.
Investor Relations
Email: ir@tuya.com

HL Strategy
Haiyan LI-LABBE
Email: hl@hl-strategy.com

Piacente Financial Communications
China Tel: +86-10-6508-0677
U.S. Tel: +1-212-481-2050
Email: tuya@thepiacentegroup.com

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SOURCE Tuya Inc.