NetEase (NTES) Declares $0.39 Quarterly Dividend; 1.1% Yield

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NetEase (NTES) Reports Q1 EPS of $1.74

May 13, 2015 6:04 PM EDT

NetEase (NASDAQ: NTES) reported Q1 EPS of $1.74, versus $1.71 reported last year. Revenue for the quarter came in at $626.75 million.

"The introduction of new games and content for our community of online PC-client and mobile users drove growth across our business during the first quarter of 2015," said Mr. William Ding, Chief Executive Officer and Director of NetEase. "Compared with the same period last year, revenues from our online games business were up 44.0%."

"Mobile games have become a major driving force in China's online game industry, and we believe the high quality and... More