DouYu International Holdings Limited (DOYU) Tops Q1 EPS by 5c, Revenues Beat

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DouYu International Holdings Limited Reports First Quarter 2020 Unaudited Financial Results

May 26, 2020 3:00 AM EDT

WUHAN, China, May 26, 2020 /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 first quarter ended March 31, 2020.

First Quarter 2020 Financial and Operational Highlights

Total net revenues for the first quarter of 2020 increased by 53.0% to RMB2,278.0 million (US$321.1 million) from RMB1,489.1 million in the same period of 2019. Gross profit in the first quarter of 2020 increased by 139.2% to RMB 485.9... More