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NetEase Q3 revenue dropped 3.9% Y/Y to $3.73 billion, beating estimates. Adjusted EPADS hit $1.67, exceeding the $1.61 analyst consensus. Market-moving news hits Benzinga Pro first—get a 30 ...
NetEase Cloud Music is experiencing rapid cost leverage, ... NetEase Strengthens Gaming Supremacy With Innovation and Long-Term Vision. Ivan Su Feb 26, 2025. Sponsor Center ...
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NetEase shares jump after gaming unit shines in Q1 - MSNRevenue from Youdao was down 6.7%, NetEase Cloud Music fell 8.4%, and its innovative businesses unit declined 17.6% in Q1. In Q1, total gross profit climbed 8.6% to RMB 18.5B ($2.5B).
Chinese internet and video-gaming giant NetEase is shutting down one of its public cloud computing services amid intense competition in a crowded market. The Hangzhou-based company on Friday ...
NetEase has a rock-solid balance sheet. At the end of December 2023, the company had CNY 131 billion in cash and cash equivalents. This compares with only CNY 20 billion of short-term debt.
NetEase reported Q1 2024 revenue growth of 7.2% Y/Y to $3.72B, missing the $3.79B consensus, and the stock slid after results. Adjusted EPADS of $1.81 beat the $1.79 consensus. Games revenue grew ...
After Ding settled disputes and sold shares in NetEase Cloud Music Inc. to the public, he refocused on gaming, the people said. By Cecilia D’Anastasio, Zheping Huang and Takashi Mochizuki Most ...
NetEase Cloud Music's revenue grew 28% in 2022, outpacing the growth of its gaming and Youdao segments, as it gained more paid subscribers. By comparison, its larger rival Tencent Music suffered a ...
Chinese internet technology and gaming specialist NetEase (NASDAQ:NTES) reported mixed forth quarter 2024 earnings on Thursday, Feb. 20. Q4 revenue of $3.66 billion came in just short of analysts ...
NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced that it will report financial results for the 2025 first ...
NetEase, Inc. is recommended as a buy with estimated per share values of $86.39, $98.15, and $104.17 in different scenarios. The recent drop in NetEase's share price due to new gaming regulations ...
NetEase NTES-2.27%decrease; red down pointing triangle ‘s profit tumbled for a second straight quarter and revenue missed market expectations as the Chinese videogame giant’s main business ...
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