DouYu International Holdings Limited (DOYU) Misses Q3 EPS by 16c

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Go back to DouYu International Holdings Limited (DOYU) Misses Q3 EPS by 16c

DouYu International Holdings Limited Reports Third Quarter 2019 Unaudited Financial Results

November 27, 2019 3:00 AM EST

WUHAN, China, Nov. 27, 2019 /PRNewswire/ -- DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2019.

Third Quarter 2019 Highlights

Total net revenues for the third quarter of 2019 increased by 81.3% to RMB1,858.5 million (US$261.0 million) from RMB1,024.8 million in the same period of 2018. Gross profit increased by 450.5% to RMB316.8 million (US$44.5 million) from... More