DouYu Intl Hldgs Q1 Adj EPADS $(0.37) Down From $0.10 YoY, Sales $144.00M Miss $184.13M Estimate
Portfolio Pulse from Benzinga Newsdesk
DouYu International Holdings reported a Q1 adjusted EPADS of $(0.37), down from $0.10 year-over-year, and sales of $144.00 million, missing the $184.13 million estimate.
June 05, 2024 | 8:06 am
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DouYu International Holdings reported disappointing Q1 results with a significant drop in adjusted EPADS to $(0.37) from $0.10 YoY and sales of $144M, missing the $184.13M estimate.
The significant drop in adjusted EPADS and the miss on sales estimates are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100