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
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High impacting Youdao, Inc. American Depositary Shares, each representing one Class A Ordinary Share news events
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DAO
News
- Youdao Inc (DAO) Q3 2024 Earnings Call Highlights: Revenue Growth Amidst Strategic Shifts [Yahoo! Finance]Yahoo! Finance
- NetEase Q3 Earnings: Top Forecasts As Cloud Music Grows, Gaming Weakens [Yahoo! Finance]Yahoo! Finance
- Youdao Reports Third Quarter 2024 Unaudited Financial ResultsPR Newswire
- Youdao, Inc. to Hold Annual General Meeting on December 12, 2024PR Newswire
- Youdao to Report Third Quarter 2024 Financial Results on November 14PR Newswire
DAO
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 6-K
- 11/14/24 - Form 6-K
- DAO's page on the SEC website