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Youdao - chn. intelligent learning company


ISIN: US98741T1043 | WKN: A2PT0G | Symbol: DAO
14,090
$
06.12.19
NYSE
+0,71 %
+0,100 USD

Neuigkeiten zur Youdao (A) (A) Aktie


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Informationen aus dem Bericht des 3. Quartals 2019:

Third Quarter 2019 Financial Highlights

• Total net revenues were RMB345.9 million (US$48.4 million), a 98.4% increase from the same period in 2018. o Net revenues from learning services and products were RMB225.2 million (US$31.5 million), a 141.6% increase from the same period in 2018.
o Net revenues from online marketing services were RMB120.8 million (US$16.9 million), a 48.8% increase from the same period in 2018.
• Gross billings from online courses1 increased 139.8% year-over-year to RMB290.9 million (US$40.7 million) and the gross billings of Youdao Premium Courses2 increased 104.6% year-over-year to RMB214.6 million (US$30.0 million).
• Gross margin was 25.8%, compared with 23.3% for the same period in 2018.

• Deferred revenue from online courses was RMB296.7 million (US$41.5 million), compared with RMB129.1 million as of December 31, 2018.


NetEase Share Purchase Program for Youdao's ADSs

Youdao’s controlling shareholder, NetEase, Inc. (“NetEase”), today announced that it has adopted a share purchase program of up to US$20.0 million of Youdao’s outstanding ADSs in accordance with SEC Rule 10b18 for a period not to exceed 12 months beginning on November 25, 2019. Under the terms of this program, NetEase may purchase Youdao ADSs in open-market transactions on the New York Stock Exchange. Such purchases may be effected pursuant to a plan in conformity with SEC Rule 10b5-1. The purchase program may be suspended or discontinued by NetEase at any time.

http://ir.youdao.com/Earnings-Announcements
Youdao (A) (A) | 13,45 $


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