NetEase Reports Third Quarter 2019 Unaudited Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
NetEase (NTES) Tops Q3 EPS
November 20, 2019 6:02 PM ESTNetEase (NASDAQ: NTES) reported Q3 EPS of $5.12, $2.00 better than the analyst estimate of $3.12. Revenue for the quarter came in at $2.05 billion, which does not compare to the consensus estimate of $2.45 billion. With the sale of Kaola, its financial results have been deconsolidated and listed as discontinued operations.
Net revenues[2] were RMB14,635.7 million (US$2,047.6 million), an increase of 11.2% compared to the third quarter of 2018. - Online game services net revenues were RMB11,534.8 million (US$1,613.8 million), an increase of 11.5% compared to the third quarter of 2018. - Youdao net revenues were RMB345.9 million (US$48.4... More