2023-05-25 04:48:32 ET
- NetEase press release ( NASDAQ: NTES ): Q1 Non-GAAP EPS of $0.34.
- Revenue of $3.6B. (+6.3% Y/Y)
- Games and related value-added services net revenues were RMB20.1 billion (US$2.9 billion), an increase of 7.6% compared with the first quarter of 2022.
- Gross profit was RMB14.9 billion (US$2.2 billion), an increase of 16.0% compared with the first quarter of 2022.
- Total operating expenses were RMB7.7 billion (US$1.1 billion), an increase of 4.7% compared with the first quarter of 2022.
- Net income attributable to the Company's shareholders was RMB6.8 billion (US$983.6 million). Non-GAAP net income attributable to the Company's shareholders was RMB7.6 billion (US$1.1 billion). [1]
For further details see:
NetEase Non-GAAP EPS of $0.34, revenue of $3.6B