DouYu International Holdings Limited Reports First Quarter 2021 Unaudited Financial Results

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

May 18, 2021 6:03 AM EDT

DouYu International Holdings Limited (NASDAQ: DOYU) reported Q1 EPS of ($0.01), $0.05 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $328.6 million versus the consensus estimate of $328.66 million.

First Quarter 2021 Financial and Operational Highlights

Total net revenues in the first quarter of 2021 were RMB2,152.7 million (US$328.6 million), compared with RMB2,278.0 million in the same period of 2020.
Gross profit in the first quarter of 2021 was RMB260.2 million (US$39.7 million), compared with RMB485.9 million in the same period of 2020, implying a gross margin of... More