- NetEase press release ( NASDAQ: NTES ): Q3 Non-GAAP EPADS of $1.61 beats by $0.56 .
- Revenue of $3.4B (10.1% Y/Y) misses by $80M .
- Gross profit was $1.9B, an increase of 16.4% compared with the third quarter of 2021.
- Games and related value-added services net revenues were $2.6B, an increase of 9.1% compared with the third quarter of 2021.
- Youdao net revenues were $197.2M, an increase of 1.1% compared with the third quarter of 2021.
- Cloud Music net revenues were $331.4M, an increase of 22.5% compared with the third quarter of 2021.
- Innovative businesses and others net revenues were $276.7M, an increase of 13.6% compared with the third quarter of 2021.
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NetEase Non-GAAP EPADS of $1.61 beats by $0.56, revenue of $3.4B misses by $80M