DouYu International Holdings LimitedNASDAQ: DOYU

WUHAN, China , July 3, 2024 /PRNewswire/ -- 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 that the Company's board of directors approved and declared a special cash dividend of US$9.76 per ordinary share, or US$9.76 per American Depositary Share ("ADS"), to holders of record of ordinary shares and ADSs as of the close of business on August 21, 2024. The aggregate amount of cash dividends to be paid will be approximately US$300 million, with payments expected to be made on or around August 30, 2024 for holders of ordinary shares and holders of ADSs.

DouYu (NASDAQ: DOYU ) stock is on the rise Wednesday after the Chinese live-streaming and eSports company announced a special cash dividend for shareholders. This special cash dividend has DouYu paying $9.76 per ordinary share.

I am of the view that DOYU's top line performance will improve with the company's revenue diversification moves. On the flip side, my concerns lie with DouYu's bottom line outlook, and the company's modest pace of repurchases for the latest quarter. A Neutral rating for DouYu is justified, taking into consideration both the favorable and unfavorable factors for the stock.

WUHAN, China , June 5, 2024 /PRNewswire/ -- 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 first quarter ended March 31, 2024. First Quarter 2024 Financial and Operational Highlights Total net revenues in the first quarter of 2024 were RMB1,039.7million (US$144.0 million), compared with RMB1,483.1 million in the same period of 2023.

WUHAN, China , May 29, 2024 /PRNewswire/ -- 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 that it plans to release its unaudited financial results for the first quarter 2024 before the U.S. market opens on Wednesday, June 5, 2024 . The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.

DouYu International's (DOYU) fourth-quarter performance is likely to have benefited from a focus on innovation, regulatory compliance and cultivating a game-centric content ecosystem.

WUHAN, China , March 12, 2024 /PRNewswire/ -- 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 that it plans to release its unaudited financial results for the fourth quarter and full year of 2023 before the U.S. market opens on Tuesday, March 26, 2024. The earnings release will be available on the Company's investor relations website at http://ir.douyu.com/.