Streetbeat News

DOYU

DouYu International Holdings Limited

https://www.douyu.com

Industry

Internet Content & Information

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers. The company also sponsors eSports teams and organizes eSports tournaments. In addition, it streams other content to include a spectrum of live streaming entertainment options, such as talent shows, music, outdoor, and travel. Further, the company records and offers video clips to allow users to watch replays of selective live streaming content; and allows viewers and streamers to edit and upload short video clips by themselves. DouYu International Holdings Limited was founded in 2014 and is headquartered in Wuhan, the People's Republic of China.

Open

11.79

Mkt cap

366M

Volume

69K

High

11.90

P/E Ratio

-13.31

52-wk high

20.17

Low

11.25

Div yield

0.23

52-wk low

6.29

DouYu International Holdings Limited held its Q3 2024 earnings call, discussing financial performance and strategic direction.

Portfolio Pulse from

November 23, 2024 | 5:00 am

DouYu International Holdings Limited's Q3 earnings report shows a significant decline in user base and ARPU, with live-streaming revenues dropping 34.7% to $107 million. Despite growth in other revenue segments, overall performance is weak, but a strong cash position offers potential for diversification.

Portfolio Pulse from

November 22, 2024 | 6:15 pm

DouYu International Holdings Limited reported its unaudited financial results for Q3 2024, showing a decline in total net revenues to RMB1,063.1 million (US$151.5 million) from RMB1,359.2 million in Q3 2023.

Portfolio Pulse from

November 20, 2024 | 9:15 am

DouYu International Holdings Limited will release its Q3 2024 financial results on November 20, 2024, before the U.S. market opens. The results will be available on their investor relations website.

Portfolio Pulse from

November 13, 2024 | 9:15 am

The article highlights three oversold stocks in the communication services sector with potential for short-term gains: Tencent Music Entertainment Group (TME), Douyu International Holdings Ltd (DOYU), and Webtoon Entertainment Inc (WBTN). These stocks have RSI values below 30, indicating they are oversold. TME reported a slight revenue decline and missed analyst estimates, while DOYU and WBTN also reported revenue declines and missed expectations. Despite recent stock price declines, these companies may present buying opportunities.

Portfolio Pulse from Avi Kapoor

September 16, 2024 | 11:35 am

DouYu International Holdings reported a year-over-year decrease in Q2 adjusted EPADS and worse-than-expected sales results. The company also saw a decline in average mobile MAUs and quarterly average paying users, leading to a drop in share prices.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:18 pm

DouYu International Holdings Limited (NASDAQ: DOYU) reported a significant revenue decline of 25.9% in Q2, missing analyst estimates. Livestreaming revenues fell by 37.2%, while innovative business revenues rose by 80.7%. The company declared a special cash dividend and saw a decrease in mobile MAUs and paying users.

Portfolio Pulse from Anusuya Lahiri

September 12, 2024 | 12:28 pm

DouYu International Holdings reported a decline in both average mobile monthly active users (MAUs) and average paying users for Q2 2024 compared to the same period in 2023. MAUs dropped from 50.3 million to 44.1 million, and paying users decreased from 4.0 million to 3.4 million.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:04 am

DouYu International Holdings reported a significant decline in its Q2 adjusted earnings per ADS, dropping to $(0.20) from $0.30 year-over-year. Additionally, the company's sales of $142.01 million fell short of the $186.96 million estimate.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:01 am

Ubiquiti Inc. and Red Robin Gourmet Burgers are among the stocks moving lower in Friday's pre-market session. Ubiquiti's shares fell 7.6% after missing sales estimates, despite beating earnings expectations. Red Robin's shares dropped 13.5% following downbeat earnings and lowered revenue guidance.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 12:16 pm

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