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Alibaba ( NYSE: BABA ) and Baidu ( NASDAQ: BIDU ) were among the biggest gaining Chinese tech stocks on Wednesday after economic data pointed to a recovery. China's official manufacturing purchasing managers index came in at a reading of 52.6, while the Caixin PMI rose to 51.6...
Summary NetEase's revenue rose 4% to 25.4 billion yuan in last year's fourth quarter, with 75% of that coming from its core gaming business. The company expects its Youdao education and Cloud Music units to break even in the next one to two years, following strong revenue growth last ye...
Reata Pharmaceuticals ( RETA ) +175% Pharmaceuticals up 192% on Friedreich's ataxia drug omaveloxolone approval. OncoSec Medical ( ONCS ) +94% . Lionheart III ( LION ) +53% . Sarepta Therapeutics ( SRPT ) +15% gains 18% as Morgan Stanley u...
Summary My most important takeaway from NetEase's Q4 FY22 earnings call yesterday is on the margin dynamics: The headline ~300bps gross profit margin miss vs consensus is understandable as it is due to a one-time effect. But a favorable mix effect toward PC games - which have materi...
NetEase, Inc. (NTES) Q4 2022 Earnings Conference Call Feb 23, 2023, 07:00 AM ET Company Participants Margaret Shi - Director of IR Charles Yang - CFO William Ding - CEO Conference Call Participants Alicia Yap - Citigroup Yang Bai - CICC Lincoln Kong...
The following slide deck was published by NetEase, Inc. in conjunction with their 2022 Q4 earnings call. For further details see: NetEase, Inc. 2022 Q4 - Results - Earnings Call Presentation
Cloud Music Inc. Reports Fiscal Year 2022 Financial Results PR Newswire HANGZHOU, China , Feb. 23, 2023 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive music streaming service provider in China ...
NetEase press release ( NASDAQ: NTES ): Q4 Non-GAAP EPADS of $1.08 misses by $0.08 . Revenue of $3.7B (-2.6% Y/Y) in-line. Gross profit was $1.9B, an increase of 2.5% compared with the fourth quarter of 2021. The effective tax rate for the fourth quarter of 2022 was 20...
NetEase Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results PR Newswire HANGZHOU, China , Feb. 23, 2023 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and onl...
NetEase ( NASDAQ: NTES ) is scheduled to announce Q4 earnings results on Thursday, February 23rd, before market open. The consensus EPS Estimate is $1.16 (-26.6% Y/Y) and the consensus Revenue Estimate is $3.7B (-2.6% Y/Y). Over the last 2 years, NTES has beaten EPS estimate...
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2024-07-23 12:46:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
NetEase Cloud Music Partners with Timbaland's Beatclub™ to Revolutionise China's Beat Marketplace PR Newswire HANGZHOU, China , July 17, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899, "NetEase Cloud Music" or the "Company"), a leading interactive ...
2024-07-03 11:34:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...