NetEase Rises 7% in a Month: Is the Stock a Portfolio Must Have? [Yahoo! Finance]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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Source: Yahoo! Finance
content, has gained 6.6% in a month, outpacing the Internet - Software and Services industry's return of 5.9%. Over the same time frame, it has also outpaced its industry peers, including Red Violet RDVT, Criteo CRTO and Globant GLOB. Shares of RDVT have gained 1.9% in a month, while shares of CRTO and GLOB dropped 3.9% and 4.1%, respectively. Strong momentum in its online gaming services and remarkable revenue growth in the third quarter are responsible for this outperformance. The robust operational performances of PC, mobile and online games are demonstrated by the quarter-over-quarter increase in consolidated revenues. In the third quarter earnings release of 2024, net revenues from the operation of online games made up roughly 96.8% of the segment's net revenues, up from 96.1% in the second quarter and 93.7% in the year-ago quarter. About 70.8% of net revenues from online game operations came from mobile games in the third quarter of 2024, compared to 76.4% and 77.6% in the
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NTES
Earnings
- 11/14/24 - Beat
NTES
Sec Filings
- 11/18/24 - Form 144
- 11/14/24 - Form 6-K
- 11/7/24 - Form 13F-HR
- NTES's page on the SEC website