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  • Nov 20, 2024

      Show headlines and story abstract
    • 4:05AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: DOYU
    • 4:00AM ET on Wednesday Nov 20, 2024 by PR Newswire
      Companies Mentioned: DOYU

      DouYu International Holdings Limited ("DouYu" or the "Company") (Nasdaq: DOYU), a leading game-centric live streaming platform in China and a pioneer in the eSports value chain, today announced its unaudited financial results for the third quarter ended September 30, 2024.

    • 4:00AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: DOYU
      ========== ========== ========== ========== ========== ========== ========== Net income (loss) attributable to DouYu 76,377 (49,169) 3,404 485 97,743 (133,718) (19,055) Add/(Reversal of): Share of loss (income) in equity method investments (3,035) 2,727 994 142 30,301 5,982 853 Gain on disposal of investment (5,132) - - - (5,132) - - Impairment losses and fair value adjustments on investments 3,731 943 (44,242) (6,304) 28,161 (43,299) (6,170) ---------- ---------- ---------- ---------- ---------- ---------- ---------- Adjusted net income (loss) attributable to DouYu 71,941 (45,499) (39,844) (5,677) 151,073 (171,035) (24,372) ========== ========== ========== ========== ========== ========== ========== Adjusted net income (loss) per ordinary share Basic 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Diluted 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Adjusted net income (loss) per ADS((3) () Basic 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Diluted 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Weighted average number of ordinary shares used in calculating Adjusted net income (loss) per ordinary share Basic 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Diluted 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Weighted average number of ADS used in calculating net income (loss) per ADS(2) Basic 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Diluted 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 (1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.0176 to US$1.00, the noon buying rate in effect on September 30, 2024, in the H.10 statistical release of the Federal Reserve Board. (2) Impairment losses and fair value adjustments on investments was included in line item "Other expenses, net" of condensed consolidated statements of income (loss). ((3) () Every one ADS represents one ordinary share.
    • 4:00AM ET on Wednesday Nov 20, 2024 by Dow Jones
      Companies Mentioned: DOYU
      ========== ========== ========== ========== ========== ========== ========== Net income (loss) attributable to DouYu 76,377 (49,169) 3,404 485 97,743 (133,718) (19,055) Add/(Reversal of): Share of loss (income) in equity method investments (3,035) 2,727 994 142 30,301 5,982 853 Gain on disposal of investment (5,132) - - - (5,132) - - Impairment losses and fair value adjustments on investments 3,731 943 (44,242) (6,304) 28,161 (43,299) (6,170) ---------- ---------- ---------- ---------- ---------- ---------- ---------- Adjusted net income (loss) attributable to DouYu 71,941 (45,499) (39,844) (5,677) 151,073 (171,035) (24,372) ========== ========== ========== ========== ========== ========== ========== Adjusted net income (loss) per ordinary share Basic 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Diluted 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Adjusted net income (loss) per ADS((3) () Basic 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Diluted 2.25 (1.46) (1.32) (0.19) 4.72 (5.51) (0.78) Weighted average number of ordinary shares used in calculating Adjusted net income (loss) per ordinary share Basic 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Diluted 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Weighted average number of ADS used in calculating net income (loss) per ADS(2) Basic 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 Diluted 31,977,664 31,128,544 30,228,317 30,228,317 31,977,664 31,051,664 31,051,664 (1) Translations of certain RMB amounts into U.S. dollars at a specified rate are solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to U.S. dollars are made at a rate of RMB7.0176 to US$1.00, the noon buying rate in effect on September 30, 2024, in the H.10 statistical release of the Federal Reserve Board. (2) Impairment losses and fair value adjustments on investments was included in line item "Other expenses, net" of condensed consolidated statements of income (loss). ((3) () Every one ADS represents one ordinary share.
  • Nov 13, 2024

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