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NetEase: 1Q Earnings Snapshot

BEIJING (AP) _ NetEase Inc. (NTES) on Wednesday reported first-quarter earnings of $354.9 million.

On a per-share basis, the Beijing-based company said it had net income of $2.75.

The internet technology company posted revenue of $2.74 billion in the period.

NetEase shares have climbed 11% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $262.04, a decrease of roughly 2% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTES at https://www.zacks.com/ap/NTES