DouYu International Misses On Q1 Revenue

Benzinga2021-05-18

Chinese game-centric live streaming platform DouYu International Holdings Ltd (NASDAQ: DOYU) reported a first-quarter FY21 revenue decline of 5.5% year-on-year to $328.564 million (RMB2.153 billion), ...

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AndrewChin5
2021-06-22
AndrewChin5
Undervalued
JimmyChua
2021-06-05
JimmyChua
Worth buying?

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The company continues to optimize the monetization capabilities and improve the monetization efficiency of its platform while striving to generate more long-term value for shareholders, Cao said.\nPrice action: DOYU shares traded higher by 2.41% at $8.06 on the last check Tuesday.","news_type":1,"symbols_score_info":{"DOYU":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":112464956,"gmtCreate":1622904455675,"gmtModify":1704193163523,"author":{"id":"3574984385549978","authorId":"3574984385549978","name":"JimmyChua","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":11,"crmLevelSwitch":0,"wearingBadges":[],"authorIdStr":"3574984385549978","idStr":"3574984385549978"},"htmlText":"Worth buying?","listText":"Worth buying?","text":"Worth buying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112464956","repostId":2136963769,"repostType":2,"repost":{"id":"2136963769","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621351140,"share":"https://ttm.financial/m/news/2136963769?lang=en_US&edition=fundamental","pubTime":"2021-05-18 23:19","market":"us","language":"en","title":"DouYu International Misses On Q1 Revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=2136963769","media":"Benzinga","summary":"\n","content":"<div>\n<p>Chinese game-centric live streaming platform DouYu International Holdings Ltd (NASDAQ: DOYU) reported a first-quarter FY21 revenue decline of 5.5% year-on-year to $328.564 million (RMB2.153 billion), ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/21/05/21169690/douyu-international-misses-on-q1-revenue\">Source Link</a>\n\n</div>\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDouYu International Misses On Q1 Revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/earnings/21/05/21169690/douyu-international-misses-on-q1-revenue><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese game-centric live streaming platform DouYu International Holdings Ltd (NASDAQ: DOYU) reported a first-quarter FY21 revenue decline of 5.5% year-on-year to $328.564 million (RMB2.153 billion), ...</p>\n\n<a href=\"https://www.benzinga.com/news/earnings/21/05/21169690/douyu-international-misses-on-q1-revenue\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOYU":"斗鱼"},"source_url":"https://www.benzinga.com/news/earnings/21/05/21169690/douyu-international-misses-on-q1-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136963769","content_text":"Chinese game-centric live streaming platform DouYu International Holdings Ltd (NASDAQ: DOYU) reported a first-quarter FY21 revenue decline of 5.5% year-on-year to $328.564 million (RMB2.153 billion), missing the analyst consensus of $337.38 million.\nAverage MAUs rose 21.3% Y/Y to 191.9 million, Average mobile MAUs rose 4.5% Y/Y to 59.1 million, and the quarterly average paying user count declined 7.9% Y/Y to 7.0 million.\nLive streaming revenues declined 5.4% Y/Y to $305.1 million (RMB1.999 billion) due to the reversion of paying users' consumption of the virtual items to the pre-pandemic level.\nAdvertising and other revenues declined 6.6% Y/Y to $23.5 million (RMB154.1 million) due to the trend of game advertisers normalizing their marketing expenditures, which were relatively higher in the same period last year due to the pandemic.\nThe gross margin contracted 920 basis points to 12.1% due to higher content costs for eSports tournaments and bandwidth costs and the revenue decline.\nAdjusted operating loss was $14 million (RMB91.8 million).\nThe adjusted net loss was $10.8 million (RMB70.7 million).\nAdjusted EPS loss of $(0.01) beating the analyst consensus $(0.06) loss.\nIt held $1.14 billion (RMB7.5 billion) in cash and equivalents.\nDouYu increased investments in content, as it remained focused on improving content production in both video and community businesses, VP Hao Cao said. The company continues to optimize the monetization capabilities and improve the monetization efficiency of its platform while striving to generate more long-term value for shareholders, Cao said.\nPrice action: DOYU shares traded higher by 2.41% at $8.06 on the last check Tuesday.","news_type":1,"symbols_score_info":{"DOYU":1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":true,"newsSizeData":{"likeSize":5,"commentSize":2,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.46.0","shortVersion":"4.46.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2136963769","isCrawlerRequest":true}