Youdao (NYSE:DAO) reported its Q3 earnings results on Thursday, November 16, 2023 at 03:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Youdao missed estimated earnings by 14.29%, reporting an EPS of $-0.08 versus an estimate of $-0.07.
Revenue was up $13.76 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.54% increase in the share price the next day.
Here’s a look at Youdao’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.37 | -0.18 | -0.04 | -0.12 |
| EPS Actual | -0.32 | -0.23 | 0.04 | -0.19 |
| Revenue Estimate | 159.23M | 161.46M | 206.45M | 184.55M |
| Revenue Actual | 166.40M | 169.38M | 210.81M | 197.15M |
To track all earnings releases for Youdao visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
