Douyu International Holdings Stock Price, News & Analysis

DouYu International Holdings Limited (Nasdaq: DOYU), a leading live streaming platform in China, will release its unaudited financial results for Q2 2021 on August 16, 2021, before market opens. The company's earnings release will be available on its investor relations website. Management will host a conference call at 7:00 A.M. ET on the same day to discuss the results. Access to the call will be available via several phone lines, and a webcast will also be provided on the company's site.

DouYu International Holdings Limited (Nasdaq: DOYU) announced the termination of its merger agreement with Huya, following the State Administration for Market Regulation's antitrust review decision. The merger, aimed at strengthening DouYu's position in China's eSports market, is now void, resulting in the cancellation of a previously approved $60 million cash dividend to shareholders. Despite this setback, DouYu plans to continue enhancing its leadership in the eSports value chain and improving content offerings for its users.

DouYu International Holdings Limited (Nasdaq: DOYU) reported its first quarter 2021 financial results, revealing total net revenues of RMB2.15 billion (US$328.6 million), down from RMB2.28 billion in Q1 2020. The company posted a net loss of RMB101.8 million (US$15.5 million), contrasting with a net income of RMB254.5 million in the previous year. Gross profit decreased significantly to RMB260.2 million (12.1% gross margin). Despite the challenges, average monthly active users rose by 21.3% to 191.9 million.

DouYu International Holdings Limited (Nasdaq: DOYU), a leading live streaming platform in China, announced it will release its unaudited financial results for Q1 2021 before the U.S. market opens on May 18, 2021. A conference call will take place on the same day at 8:00 A.M. Eastern Time to discuss these results. The call will be accessible via various international numbers, including a toll-free option for the U.S. and Mainland China. The replay will be available until May 25, 2021. More details can be found on the company's investor relations website.

DouYu International Holdings Limited (Nasdaq: DOYU) announced the filing of its annual report for the fiscal year ended December 31, 2020, with the SEC on April 30, 2021. The report contains audited consolidated financial statements and is available on DouYu's investor relations website and the SEC's website. The company is recognized as a leading game-centric live streaming platform in China and strives to offer quality content through its collaborations in the eSports value chain. DouYu provides free hard copies of the annual report to shareholders upon request.

DouYu International Holdings Limited (Nasdaq: DOYU) announced its financial results for Q4 and full year 2020. Total net revenues increased by 10.0% to RMB2,269.2 million in Q4, with live streaming revenues up 9.4%. However, the company reported a net loss of RMB228.7 million compared to net income of RMB157.4 million in Q4 2019. For the full year, net revenues rose 31.8% to RMB9,601.9 million, and net income surged 1,113.7% to RMB404.7 million. Average MAUs hit 174.4 million in Q4, a 5.2% increase year-over-year.

DouYu International Holdings Limited (Nasdaq: DOYU), a leading game-centric live streaming platform in China, will release its unaudited financial results for Q4 and full year 2020 on March 23, 2021, before U.S. market opens. A conference call to discuss the results will occur at 8:00 A.M. ET on the same day. The release and call details will be available on DouYu's investor relations website.

DouYu International Holdings Limited (DOYU) reported strong financial results for Q3 2020, with total net revenues rising by 37.0% to RMB2,546.5 million (US$373.3 million). Gross profit increased by 16.6% to RMB369.4 million (US$54.2 million), but gross margin declined to 14.5% from 17.0% in Q3 2019. Notably, the company shifted from a net loss of RMB165.4 million in the previous year to a net income of RMB59.6 million (US$8.7 million). Average monthly active users reached 194.0 million, with mobile MAUs rising by 14.4%. DouYu also announced plans for a merger with Huya Inc.

DouYu International Holdings Limited (Nasdaq: DOYU) plans to announce its third-quarter 2020 financial results before the U.S. market opens on November 11, 2020. This announcement will be accessible via its investor relations website. A conference call is scheduled for the same day at 6:00 A.M. ET to discuss the results, with access details provided. DouYu is recognized as a leading game-centric live streaming platform in China, contributing to the eSports industry by connecting viewers with top streamers and premium content.