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

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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