DouYu International: Q3 Earnings Insights

Shares of DouYu International Hldgs DOYU moved higher by 5.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 50.00% year over year to $0.06, which missed the estimate of $0.09.

Revenue of $373,276,000 rose by 43.04% from the same period last year, which missed the estimate of $381,960,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Nov 11, 2020

Time: 06:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/doyu/mediaframe/41795/indexr.html

Technicals

52-week high: $17.85

52-week low: $6.11

Price action over last quarter: down 0.55%

Company Overview

DouYu International Holdings Ltd is a game-centric live streaming platform in China. The company operates its platform on both PC and mobile apps, through which users can enjoy immersive and interactive games and entertainment live streaming. It generates revenues through live streaming and advertisement.