NTES - NetEase Non-GAAP EPADS of $1.93 beats by $0.68 revenue of $3.3B misses by $160M
2023-08-24 04:40:06 ET
- NetEase press release ( NASDAQ: NTES ): Q2 Non-GAAP EPADS of $1.93 beats by $0.68 .
- Revenue of $3.3B (+3.7% Y/Y) misses by $160M .
- Games and related value-added services net revenues were $2.6 billion, an increase of 3.6% compared with the second quarter of 2022.
- Youdao net revenues were $166.4 million, an increase of 26.2% compared with the second quarter of 2022.
- Cloud Music net revenues were $268.7 million, a decrease of 11.1% compared with the second quarter of 2022.
- Innovative businesses and others net revenues were $283.7 million, an increase of 9.9% compared with the second quarter of 2022.
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NetEase Non-GAAP EPADS of $1.93 beats by $0.68, revenue of $3.3B misses by $160M