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DouYu reports Q4 adjusted EPS 0c, consensus 0c
The Fly

DouYu reports Q4 adjusted EPS 0c, consensus 0c

Reports Q4 revenue $243.73M, consensus $243.53M. Average mobile MAUs in Q4 decreased by 8% to 57.4M from 62.4M in the same period of 2021. Quarterly average paying user count in Q4 was 5.6M. Shaojie Chen, CEO of DouYu, commented, "Against the backdrop of a complex and volatile macro environment throughout 2022, we remained committed to our core growth strategy of fostering a vibrant game-centric content ecosystem. We concluded the year with steady business performance through a mix of operational adaptations, including revenue optimization, a selective copyright procurement strategy, and investments in self-produced content. In the fourth quarter, our mobile MAUs were 57.4 million, a slight increase over the prior quarter. Looking ahead, we will dedicate ourselves to driving growth based on our content ecosystem as we prioritize content enrichment and community-wide interactions to boost user stickiness and retention, other than emphasizing the short-term growth of our business. Building on our continuous efforts to cultivate high-quality game-centric content and engage core users, we will strive to maintain our leading position in China’s live-streaming gaming industry while exploring new growth avenues, propelling DouYu’s healthy and sustainable development."

Published first on TheFly

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