DouYu International (NASDAQ:DOYU) Announces Quarterly Earnings Results, Beats Expectations By $1.87 EPS

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

DouYu International Trading Up 10.4 %

NASDAQ DOYU opened at $8.79 on Friday. DouYu International has a 12 month low of $6.29 and a 12 month high of $20.17. The stock has a market cap of $278.08 million, a price-to-earnings ratio of -9.99 and a beta of 1.00. The company’s 50 day moving average is $12.38 and its two-hundred day moving average is $11.30.

DouYu International Increases Dividend

The company also recently announced a — dividend, which was paid on Thursday, February 20th. Shareholders of record on Monday, February 10th were paid a dividend of $9.94 per share. This is a boost 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.