Youdao Reports Third Quarter 2024 Unaudited Financial Results
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Youdao, Inc. (NYSE: DAO) reported its unaudited financial results for Q3 2024, showing a 2.2% increase in total net revenues compared to the same period in 2023, reaching RMB1.6 billion (US$224.1 million).
November 14, 2024 | 8:45 am
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Youdao, Inc. reported a 2.2% increase in Q3 2024 revenues compared to the same period in 2023, reaching RMB1.6 billion (US$224.1 million).
The reported increase in revenues is a positive indicator of the company's performance, likely boosting investor confidence and potentially leading to a short-term increase in stock price.
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IMPORTANCE 80
RELEVANCE 100