Youdao Inc - ADR

NYSE:DAO   9:42:01 AM EDT
10.50
-0.53 (-4.80%)
Earnings Announcements

Youdao Reports Q3 Non-GAAP Net Loss Per ADS At RMB0.82

Published: 11/16/2021 08:47 GMT
Youdao Inc - ADR (DAO) - Youdao Reports Third Quarter 2021 Unaudited Financial Results.
Q3 Revenue Rose 54.8 Percent to Rmb 1.4 Billion.
Q3 Basic and Diluted Net Loss per Ads Attributable to Ordinary Shareholders Was Rmb1.05.
Qtrly Non-GAAP Basic and Diluted Net Loss per Ads Attributable to Ordinary Shareholders Was Rmb0.82 (us$0.13).
Youdao Currently Expects the Disposition of Its Academic Ast Business to Be Completed by End of 2021.
There Can Be No Assurance Regarding Ultimate Timing of Proposed Transaction Or That Transaction Will Be Completed.
In Q3 of 2021, Revenues From Youdao's Academic Ast Business Accounted for Approximately 25% of Its Total Revenues.
Revenue is expected to be $209.87 Million
Adjusted EPS is expected to be -$0.25

Next Quarter Revenue Guidance is expected to be $250.91 Million
Next Quarter EPS Guidance is expected to be -$0.12

More details on our Analysts Page.