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

10.55

Mkt cap

322M

Volume

108K

High

10.78

P/E Ratio

-18.63

52-wk high

20.17

Low

10.03

Div yield

0.27

52-wk low

6.29

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

Huya Inc. (NYSE:HUYA) is diversifying its revenue streams amid a challenging Chinese economy and regulatory environment. Despite a 16% revenue decline in Q2, income from new game-related services more than doubled, showing promise for future growth. The company announced a special cash dividend and extended its share buyback program, which initially boosted its stock price. Huya's financials remain stable, with significant interest income and cash reserves.

Portfolio Pulse from The Bamboo Works

August 22, 2024 | 4:44 pm

DouYu International Holdings Ltd (NASDAQ:DOYU) shares fell by 4.1% to $17.21 after the company announced a special cash dividend of $300 million, payable on August 30, 2024. Despite the dividend, Wall Street analysts remain neutral on the stock, with Citigroup's Brian Gong predicting an 8.33% fall in the coming year. The stock has risen 118% in the past three months, despite a 33.32% drop in revenue over the past year.

Portfolio Pulse from Henry Khederian

July 05, 2024 | 3:02 pm

The article highlights the pre-market movements of 12 communication services stocks on Thursday. Notable gainers include DouYu Intl Hldgs (DOYU), TuanChe (TC), Paramount Global (PARA, PARAA), HUYA (HUYA), and Urban One (UONE). Significant losers include Leafly Holdings (LFLY), Hanryu Holdings (HRYU), Loop Media (LPTV), Global Mofy Metaverse (GMM), Motorsport Games (MSGM), and Blue Hat Interactive (BHAT).

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 2:59 pm

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