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Earnings Announcements, Mergers / Acquisitions

Douyu Announces Termination Of Merger Agreement With Huya

Published: 07/12/2021 11:23 GMT
HUYA Inc - ADR (HUYA) - Douyu Announces Termination of Merger Agreement With Huya.
Douyu International Holdings Ltd - Douyu Will Abide by Samr Decision, and Will Comply With All Regulatory Requirements.
Douyu - on July 10, China's Samr Posted Decision to Prohibit Proposed Merger Between Huya and Co.
Douyu International Holdings Ltd - in Consideration of Termination of Merger, Douyu's Board Approved Cancellation of Cash Dividend.
Revenue is expected to be $443.63 Million
Adjusted EPS is expected to be $0.09

Next Quarter Revenue Guidance is expected to be $495.41 Million
Next Quarter EPS Guidance is expected to be $0.05

More details on our Analysts Page.