Youdao Q4 Non-GAAP Net Income Rises, Revenue Falls

MT Newswires Live
20 Feb

Youdao (DAO) reported Q4 non-GAAP net income Thursday of 0.77 Chinese renminbi ($0.11) per diluted American depositary share, up from 0.58 renminbi a year earlier.

Analysts' estimates were not readily available for comparison.

Net revenue for the quarter ended Dec. 31 was 1.34 billion renminbi, down from 1.48 billion renminbi a year earlier.

Three analysts polled by FactSet expected 1.43 billion renminbi.

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