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Youdao Inc's Earnings Call: Mixed Sentiments and Strategic Growth
U.S. stock market movement | Youdao (DAO.US) soared over 12%, with first-quarter operating profit increasing by 247.7% year-on-year, setting a new historical high.
On Thursday, Youdao (DAO.US) surged over 12%, closing at $9.75.
Express News | The performance is impressive! Chinese concept Online Education stocks Gaotu Techedu soared over 18%, and Youdao rose nearly 15%.
Youdao (DAO.US) reported a record profit in Q1 compared to the same period last year. CEO Zhou Feng stated that the company will continue to focus on the Education and advertising sectors in the future.
In the first quarter of 2025, Youdao achieved a net income of 1.3 billion yuan, with operating profit of 0.104 billion yuan, setting a historical high for the first quarter, a year-on-year growth of 247.7%.
China's NetEase Stock Pops On Q1 Performance Fueled By Gaming Growth, Strong Cash Flow
Youdao Shares Are Trading Higher After the Company Reported a Year-over-year Increase in Q1 EPS Results.