Recap: Youdao Q3 Earnings

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Youdao DAO reported its Q3 earnings results on Thursday, November 16, 2023 at 03:30 AM.

Here's what investors need to know about the announcement.

Earnings

Youdao missed estimated earnings by 14.29%, reporting an EPS of $-0.08 versus an estimate of $-0.07.

Revenue was up $13.76 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 0.54% increase in the share price the next day.

Here's a look at Youdao's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.37 -0.18 -0.04 -0.12
EPS Actual -0.32 -0.23 0.04 -0.19
Revenue Estimate 159.23M 161.46M 206.45M 184.55M
Revenue Actual 166.40M 169.38M 210.81M 197.15M

To track all earnings releases for Youdao visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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