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discomaniamegaways| U.S. stocks change| Netease rose more than 2.6% Q1 net income increased by nearly 20% year-on-year

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Gelonghui May 23| Netease Youdao (DAOdiscomaniamegaways.US) up 2discomaniamegaways.62%discomaniamegaways, quoted at $3.725. Netease Youdao's net income in the first quarter reached 1.39 billion yuan, a year-on-year increase of 19.7%. Operating profit achieved a single quarter profit of 30 million yuan, maintaining profitability for two consecutive quarters for the first time. Under non-GAAP, the quarter was attributed to Netease YoudaodiscomaniamegawaysNet profit of 20 million yuan was 20 million yuan, turning losses into profits year-on-year. Operating cash outflow improved by 10.5% compared with the same period last year.

discomaniamegaways| U.S. stocks change| Netease rose more than 2.6% Q1 net income increased by nearly 20% year-on-year