DouYu International Holdings Limited Reports Unaudited Financial Results For Fourth Quarter and Full Year 2020

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Go back to DouYu International Holdings Limited Reports Unaudited Financial Results For Fourth Quarter and Full Year 2020

DouYu International Holdings Limited (DOYU) Tops Q4 EPS by 3c, Revenues Beat

March 23, 2021 5:56 AM EDT

DouYu International Holdings Limited (NASDAQ: DOYU) reported Q4 EPS of ($0.07), $0.03 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $347.8 million versus the consensus estimate of $340.64 million.

Fourth Quarter 2020 Financial and Operational Highlights

Total net revenues in the fourth quarter of 2020 increased by 10.0% to RMB2,269.2 million (US$347.8 million) from RMB2,062.9 million in the same period of 2019.Gross profit in the fourth quarter of 2020 was RMB182.2 million (US$27.9 million), compared with RMB375.2 million in the same period of 2019.Net loss in the... More