Investing.com - DouYu reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
DouYu announced earnings per share of ¥0.010 on revenue of ¥252.81M. Analysts polled by Investing.com EPS of ¥0.050 on revenue of ¥1.84B.
DouYu 's are down 50% and is trading at ¥1.320 , still down 58.36% from its 52 week high of ¥3.17 set on Monday, November 22, 2021.
DouYu follows other major Communication Services sector earnings this month
DouYu's report follows an earnings missed by Alphabet C on Tuesday, October 25, 2022, who reported EPS of ¥1.06 on revenue of ¥69.09B, EPS of ¥1.26 on revenue of ¥71B.
Tencent ADR had beat expectations on Tuesday, November 15, 2022 with third quarter EPS of ¥0.4669 on revenue of ¥19.79B, for EPS of ¥0.447 on revenue of ¥20.01B.
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