NetEase (NTES) Reports Q4 Revenue of $3.8B, EPS of $1.58

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NetEase Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

February 24, 2022 3:30 AM EST

HANGZHOU, China, Feb. 24, 2022 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), one of China's leading internet and online game services providers, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2021.

Fourth Quarter 2021 Financial Highlights

Net revenues were RMB24.4 billion (US$3.8 billion), an increase of 23.3% compared with the fourth quarter of 2020. Online game services net revenues were RMB17.4 billion (US$2.7 billion), an increase of 29.8% compared with the fourth quarter of 2020. Youdao net revenues were RMB1.3 billion... More