Youdao: Operating Profitability Inflection Point Is In Sight [Seeking Alpha]
Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share (DAO)
Company Research
Source: Seeking Alpha
Summary DAO's operating loss and net loss narrowed significantly on a YoY basis in Q2 2024. Youdao is well-positioned to record positive operating profit for 2H 2024 and the full-year, considering seasonality effects, the restructuring of non-core operations, and the optimization of marketing costs with AI. The stock is deserving of a higher P/S multiple and a Buy rating, taking into account the prospects of the company hitting an operating profitability inflection point this year. maybefalse My Buy investment rating for Youdao, Inc.'s NYSE: DAO ) shares stays unchanged. DAO's Q2 2024 bottom line beat and results briefing commentary indicate that the company is coming closer to reaching an operating profitability inflection point. DAO's first quarter Recommended For You About DAO Stock Related Stocks Trending Analysis Trending News
Show less
Read more
Impact Snapshot
Event Time:
DAO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DAO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DAO alerts
High impacting Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share news events
Weekly update
A roundup of the hottest topics
DAO
News
- Youdao Second Quarter 2024 Earnings: Revenues In Line With Expectations [Yahoo! Finance]Yahoo! Finance
- Youdao, Inc. (DAO) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
- Youdao Non-GAAP EPADS of -$0.11, revenue of $181.9M [Seeking Alpha]Seeking Alpha
- Youdao Reports Second Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Youdao Reports Second Quarter 2024 Unaudited Financial ResultsPR Newswire