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NetEase Announces Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]
NetEase, Inc. - American Depositary Shares, each representing 5 ordinary shares (NTES)
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Source: Yahoo! Finance
Last netease, inc. - american depositary shares, each representing 5 ordinary shares earnings: 2/26 06:00 pm
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US:NASDAQ Investor Relations: netease.com
services provider, today announced its unaudited financial results for the third quarter ended September 30, 2024 Third Quarter Financial Highlights Net revenues were RMB26.2 billion US$3.7 billion ), a decrease of 3.9% compared with the same quarter of 2023. Games and related value-added services net revenues were RMB20.9 billion US$3.0 billion ), a decrease of 4.2% compared with the same quarter of 2023. Youdao net revenues were RMB1 .6 billion ( US$224 .1 million), an increase of 2.2% compared with the same quarter of 2023. NetEase Cloud Music net revenues were RMB2.0 billion US$284 .9 million), an increase of 1.3% compared with the same quarter of 2023. Innovative businesses and others net revenues were RMB1.8 billion US$252.8 million ), a decrease of 10.3% compared with the same quarter of 2023. Gross profit was RMB16.5 billion US$2.3 billion ), a decrease of 2.9% compared with the same quarter of 2023. Total operating expenses were RMB9.3 billion US$1.3 billion )
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NEWS
NEWS
- The Global AI Defense Challenge 2024 Announces Winners Across Two Competition Tracks [Yahoo! Finance][Yahoo! Finance]
- NetEase, Inc. (NASDAQ: NTES) had its price target raised by analysts at Citigroup Inc. from $108.00 to $115.00. They now have a "buy" rating on the stock.[MarketBeat]
- NetEase, Inc. (NASDAQ: NTES) had its price target lowered by analysts at Benchmark Co. from $120.00 to $105.00. They now have a "buy" rating on the stock.[MarketBeat]
- NetEase Inc (NTES) Q3 2024 Earnings Call Highlights: Gaming Division Drives Revenue Growth ... [Yahoo! Finance][Yahoo! Finance]
- NetEase Stock Soars 9%: The Gaming Giant's Winning Streak Just Got Even Hotter [Yahoo! Finance][Yahoo! Finance]
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NTES
SEC Filings
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
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