VXUS - DouYu Beats Q4 Projections Despite Drop in Livestreaming Advertising Revenues Skyrocket | Benzinga
DouYu International Holdings Limited (NASDAQ: DOYU) reported a fourth-quarter fiscal 2023 revenue decline of 22.9% to $182.5 million year-on-year, beating the consensus of $170.9 million.
The Chinese game-centric live streaming platform’s adjusted earnings per ADS loss of $(0.00) beat the consensus loss of $(0.02). The stock price declined after the results.
Segments: DouYu’s Livestreaming revenues decreased by 36.1% Y/Y ...