Netease.com (NTES) Misses Q3 EPS by 10c; Declares $1/Sh Special Dividend, $100M Stock Buyback
Tweet
Share
E-mailGet Alerts NTES Hot Sheet
Join SI Premium – FREE
Netease.com (NASDAQ: NTES) reported Q3 EPS of $0.98, $0.10 worse than the analyst estimate of $1.08. Revenue for the quarter came in at $325.4 million versus the consensus estimate of $335 million.
The Company today announced that its board of directors approved a new share repurchase program of up to US$100 million of the Company's outstanding ADSs for a period not to exceed 12 months.
The Company today announced that its board of directors declared a special cash dividend of US$0.04 per ordinary share, which is equivalent to US$1.00 per ADS (each ADS represents 25 ordinary shares).
For earnings history and earnings-related data on Netease.com (NTES) click here.
The Company today announced that its board of directors approved a new share repurchase program of up to US$100 million of the Company's outstanding ADSs for a period not to exceed 12 months.
The Company today announced that its board of directors declared a special cash dividend of US$0.04 per ordinary share, which is equivalent to US$1.00 per ADS (each ADS represents 25 ordinary shares).
For earnings history and earnings-related data on Netease.com (NTES) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ball Corporation (BALL) Raises Dividend, Enters 40M Share Buyback, Announces Management Changes
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- NetEase.com (NTES) PT Lowered to $126 at HSBC
Create E-mail Alert Related Categories
Dividends, Earnings, Stock BuybacksRelated Entities
Dividend, Stock Buyback, EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
