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Youdao Newsroom
Netease youdao (DAO.US) closed up more than 15%, with record high profits in the third quarter.
On Tuesday, U.S. stocks closed, with the education technology company Netease Youdao rising by 15.28%, closing at $6.11.
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Express News | CICC maintains a "outperform industry" rating for youdao, with a target price of $6.0.
CICC: Maintains the youdao (DAO.US) "Outperform Industry" rating, target price of $6.00.
China International Capital Corporation released a research report: Youdao's advertising business is growing rapidly, achieving its first profit in the third quarter, maintaining an "outperform the industry" rating.
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htsc maintains a "buy" rating on Youdao (DAO.US) with a target price of $5.92.
The report emphasizes that Youdao focuses on three core businesses: digital content services, online marketing, and AI subscription services, accelerating the realization of profit-driven full-year reduction of losses, and is expected to turn Non-GAAP operating profit positive for the full year.
Q3 2024 Youdao Inc Earnings Call
AI is connected, with stable revenue and record profits, looking at the new cycle of education technology from youdao's third-quarter report.
Youdao dares to make proactive adjustments, and there must be core elements behind it to support this, which is also the key to improving stability and profitability. What is this core element?
Selected Announcement | Alibaba increased its shareholding in Xiaopeng autos by 24.66 million shares in the third quarter; Lenovo Group's mid-term revenue increased by 22% to $33.297 billion year-on-year.
In the first ten months, Ping An Insurance's original premium revenue exceeded 740 billion yuan; net income for Netease in the third quarter was 26.2 billion yuan, with net income from games and related value-added services at 20.9 billion yuan.
Youdao, Inc. (DAO) Q3 2024 Earnings Call Transcript Summary
See the picture: netease's third-quarter revenue was 26.2 billion yuan.
Netease's third quarter revenue was 26.2 billion yuan (20.9 billion from games + 1.6 billion from Youdao + 2 billion from cloud music + 1.8 billion from innovation and other), a year-on-year decrease of 3.9%; net income adjusted for 7.5 billion yuan, down from 8.6 billion yuan in the same period last year. As of September 30, Netease has repurchased approximately 18.2 million American depositary shares under the buyback plan, with a total cost of 1.6 billion US dollars.
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Youdao | 6-K: Report of foreign private issuer (related to financial reporting)
Earnings Flash (DAO) YOUDAO Reports Q3 EPS $0.11
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Youdao Q3 24 Earnings Conference Call At 5:00 AM ET
Express News | Youdao: Net income in the third quarter reached 1.57 billion yuan, with a year-on-year growth of 2.2%.
Youdao Non-GAAP EPADS of $0.11, Revenue of $224.09M In-line
Earnings Scheduled For November 14, 2024