NetEase Games on Monday released specific dates and time slots during which Chinese children will be permitted to play its video games during the upcoming Mid-Autumn Festival and National Day holidays.
NetEase's Q2 showed top-line growth (+6.1% revenue, +11.6% gross profit) but a 17% drop in net income, leading to a 12% stock decline since my last analysis. AI-driven innovations and global expansion enhance NetEase's long-term potential; the gaming portfolio and dividend yield of 3.15% are key bullish factors. Despite competition and regulatory risks, FY25 could drive 25% price growth due to ...
NetEase (NTES) American depository receipts (ADRs) tumbled as the company's second-quarter profit failed to meet expectations despite growing video game revenue.
NetEase, Inc. (NASDAQ:NTES ) Q2 2024 Earnings Conference Call August 22, 2024 8:00 AM ET Company Participants Brandi Piacente - President, Piacente Financial Communications William Ding - Founder, Director & CEO Bill Pang - VP, Corporate Development Conference Call Participants Alicia Yap - Citigroup Jialong Shi - Nomura Ritchie Sun - HSBC Yang Bai - CICC Lei Zhang - Bank of America Securities ...
HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China, today announced its financial results for the first half of 2024 ended June 30, 2024. Summary of Key Financial Metrics (RMB in thousands, unless otherwise stated) Six months ended 30 June 2024 2023 (Unaudited) (U...
HANGZHOU, China , Aug. 22, 2024 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), an intelligent learning company with industry-leading technology in China, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion (US$181.9 million), representing a 9.5% increase...
NetEase, Inc. reports Q2 earnings pre-market on August 16th. Analysts expect $3.65B in revenue, $1.67 non-GAAP EPS, and $1.52 GAAP EPS. Expect updates on mobile games like Eggy Party and Naraka: Bladepoint Mobile, as well as margin improvements and financial strength.
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