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DouYu International Holdings Ltd (DOYU)
NASDAQ:DOYU
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Earnings Data
Report Date
Mar 19, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-$0.3Last Year’s EPS
-$1.9Same Quarter Last Year
Moderate Sell
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 20, 2024
|% Change Since: 16.28%
|Next Earnings Date:Mar 19, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a mix of positive and negative outcomes. While there was notable growth in innovative business and some successful cost reduction measures, significant challenges were evident, such as a decline in mobile MAUs and live streaming revenues. The overall revenue and income figures showed a downturn, but there were positive steps toward revenue diversification with game props.Company Guidance
During DouYu's Q3 2024 earnings call, the company provided guidance on several key metrics and strategic initiatives. The platform reported a decrease in mobile monthly active users (MAUs) to 42.1 million, a drop of 18.6% year-over-year, attributed to increased competition from short video platforms. Despite this, DouYu focused on maintaining stable engagement patterns among its core users. The company broadcasted nearly 30 large-scale official tournaments and 80 self-produced eSports tournaments to enhance content offerings. Financially, DouYu saw a 21.8% year-over-year decline in total net revenues, amounting to RMB 1.06 billion, but achieved a 3% sequential growth, marking its first increase in eight quarters. The number of paying users was 3.4 million, with a quarterly average revenue per user (ARPU) of RMB 237. Cost control measures resulted in a 23% reduction in operating expenses year-over-year. Looking ahead, DouYu remains committed to diversifying revenue streams and optimizing costs, aiming for sustainable long-term growth.Innovative Business Growth
Innovative business, advertising, and other revenues increased significantly by 49.4% to RMB 311 million, contributing 29.3% of total revenue.
Quarterly Revenue Increase
Total net revenues increased by 3% quarter-over-quarter, marking the first sequential growth in the past 8 quarters.
Cost Reduction Measures
Cost of revenues decreased by 14.1% to RMB 1 billion, with a significant reduction in bandwidth costs by 32%.
Game Prop Commercialization Success
Successful strategies in game prop sales have established the platform as a preferred choice for game prop purchases.
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DOYU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DOYU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 20, 2024 | $9.89 | $9.73 | -1.62% |
| Sep 12, 2024 | $8.83 | $7.62 | -13.70% |
| Jun 05, 2024 | $4.90 | $4.88 | -0.41% |
| Mar 26, 2024 | $3.82 | $3.46 | -9.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does DouYu International Holdings Ltd (DOYU) report earnings?
DouYu International Holdings Ltd (DOYU) is schdueled to report earning on Mar 19, 2025, TBA Not Confirmed.
What is DouYu International Holdings Ltd (DOYU) earnings time?
DouYu International Holdings Ltd (DOYU) earnings time is at Mar 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DOYU EPS forecast?
DOYU EPS forecast for the fiscal quarter 2024 (Q4) is -$0.3.
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