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Youdao: Q3 Earnings Insights

Benzinga Insights
·1 min read

 

Shares of Youdao (NYSE:DAO) moved higher by 3.9% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were down 216.67% over the past year to ($1.14), which beat the estimate of ($1.18).

Revenue of $131,973,000 higher by 172.71% from the same period last year, which beat the estimate of $126,350,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Youdao hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 19, 2020

View more earnings on DAO

Time: 06:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/dao/mediaframe/41729/indexr.html

Technicals

Company's 52-week high was at $47.70

Company's 52-week low was at $13.20

Price action over last quarter: down 27.26%

Company Overview

Youdao Inc develops and markets software applications. It engages in developing technologies to provide learning content, applications, and solutions. The firm operates in two segments: Learning services and products, and Online marketing services. Learning Services and products segment which generates the majority revenue offers learning services and products, online courses, including Youdao Premium Courses, NetEase Cloud Classroom and China University MOOC. The online marketing services segment provides online marketing services through the provision of different formats of advertisement, including banners, text-links, videos, logos, buttons, and rich media. The company's revenue is derived from People's Republic of China.

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