DouYu International (NASDAQ:DOYU) Announces Earnings Results

DouYu International (NASDAQ:DOYU) announced its earnings results on Friday. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.18) by $1.87, Zacks reports. The business had revenue of $155.65 million during the quarter, compared to analyst estimates of $1.05 billion. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.

DouYu International Stock Up 10.4 %

DOYU stock opened at $8.79 on Friday. The firm has a market cap of $278.08 million, a price-to-earnings ratio of -9.99 and a beta of 1.00. DouYu International has a 12-month low of $6.29 and a 12-month high of $20.17. The company’s fifty day simple moving average is $12.38 and its 200 day simple moving average is $11.24.

DouYu International Increases Dividend

The company also recently announced a — dividend, which was paid on Thursday, February 20th. Investors of record on Monday, February 10th were issued a $9.94 dividend. This is a positive change from DouYu International’s previous — dividend of $9.71. The ex-dividend date was Friday, February 21st.

About DouYu International

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.