Youdao Reports Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results
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Youdao, Inc. (NYSE: DAO) reported a 9.5% decrease in total net revenues for Q4 2024 compared to the same period in 2023, amounting to RMB1.3 billion (US$183.6 million).
February 20, 2025 | 8:45 am
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Youdao, Inc. reported a 9.5% decrease in Q4 2024 revenues compared to the previous year, indicating potential challenges in its business operations.
The reported 9.5% decrease in revenues suggests a decline in business performance, which could negatively impact investor sentiment and the stock price in the short term.
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