Youdao, Inc. American Depositary Shares (DAO)

Youdao turns to parent NetEase and expansion of its marketing services outside of China to revive its stalling growth.

Shares of Youdao Inc (NYSE: DAO) fell slightly after Q4 results, with net revenues of RMB 1.3B, down 9.5% YoY. AI platform improved profitability.

NetEase Q4 revenue decline, EPS beat; Youdao, Inc. revenue decline; Cloud Music revenue down; Innovative businesses revenue down; dividend increase

Companies Reporting Before The Bell • Frontline (NYSE:FRO) is expected to report quarterly earnings at $0.46 per share on revenue of $276.19 million.

NetEase reported a 3.9% revenue decline in Q3 2024, beating analyst estimates. Strong performance in gaming and new releases.

DAO stock results show that Youdao beat analyst estimates for earnings per share but missed on revenue for the second quarter of 2024.

NetEase reported Q2 2024 revenue of $3.51B, missing analyst estimate of $3.70B. Adjusted EPADS of $1.66 beat estimate of $1.65. Games revenue up 6.7% with gross margin of 70%. Youdao revenue up 9.5% with gross margin of 48.2%. Cloud Music revenue up 4.7% with gross margin of 32.1%. Dividend of $0.4350 per ADS approved. CEO William Ding excited for global gaming expansion. NTES shares down 4.9% premarket.

DAO stock results show that Youdao beat analyst estimates for earnings per share and beat on revenue for the first quarter of 2024.

NetEase, Inc (NTES) reported Q1 2024 revenue of $3.72B, missing analyst estimate of $3.79B. Adjusted EPADS beat at $1.81. Stock price slid after results.

These seven penny stocks across high-growth sectors have the potential to turn $10,000 into $100,000 or more by 2027.

NetEase, Inc. sees a 7% revenue increase in Q4 2023, reaching $3.82 billion, though it falls below expectations. The gaming giant's push towards self-developed games boosts gross margin, while it continues to promote a healthier gaming environment with an improved anti-addiction system. Amidst a slight miss in EPADS, NetEase declares a higher dividend, underscoring its commitment to shareholder value and a robust gaming ecosystem.