Yahoo Finance DouYu International Holdings First Quarter 2024 Earnings: CN¥2.77 loss per share (vs CN¥0.45 profit in 1Q 2023)
DouYu International Holdings (NASDAQ:DOYU) First Quarter 2024 Results
Key Financial Results
Revenue: CN¥1.04b (down 30% from 1Q 2023).
Net loss: CN¥88.0m (down from CN¥14.5m profit in 1Q 2023).
CN¥2.77 loss per share (down from CN¥0.45 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
DouYu International Holdings Earnings Insights
Looking ahead, revenue is expected to decline by 4.2% p.a. on average during the next 3 years, while revenues in the Entertainment industry in the US are expected to grow by 8.5%.
Performance of the American Entertainment industry.
The company's shares are down 3.1% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on DouYu International Holdings' balance sheet health.
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