Youdao Q1 Adj EPADS $(0.23) Misses $(0.18) Estimate, Sales $169.38M Beat $161.46M Estimate
Portfolio Pulse from Benzinga Newsdesk
Youdao reported Q1 adjusted EPADS of $(0.23), missing the $(0.18) estimate, and sales of $169.38M, beating the $161.46M estimate. This represents a 155.56% decrease in losses and a 10.56% decrease in sales compared to the same period last year.
May 25, 2023 | 8:37 am
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Youdao's Q1 adjusted EPADS missed estimates by 27.78%, while sales beat estimates by 4.91%. Losses and sales decreased compared to the same period last year.
Youdao's Q1 earnings report shows a significant miss in adjusted EPADS and a decrease in both losses and sales compared to last year. This negative performance is likely to have a short-term negative impact on the stock price.
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