DOYU: Expect 4Q19 Revenue To Be Better Than Consensus; Coronavirus Has Less Impact On The Platform
DOYU will report 4Q19 results on March 19th before the U.S. market opens at 7am EST conference call. Based on our data and model, we believe DOYU’s 4Q19 revenue is likely to be better than consensus expectation at RMB1,993M and the high end of the company’s guidance range of RMB1,960M-RMB2,030M. For 1Q20, DOYU was impacted a bit by the government policy of removing lucky-draw function, but less impacted by the coronavirus outbreak. Major E-Sport events including LPL and KPL were delayed.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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