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NetEase Announces First Quarter 2024 Unaudited Financial Results

Published: May 23, 2024

/PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announced its...

Source: prnewswire.com

NetEase's Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music - NetEase (NASDAQ:NTES)

Published: May 23, 2024

NetEase, Inc (NTES) reported Q1 2024 revenue of $3.72B, missing analyst estimate of $3.79B. Adjusted EPADS beat at $1.81. Stock price slid after results.

Source: benzinga.com

NetEase's Q1 Earnings: Gaming Giant Shows Resilience with Growth in Cash Flow and Cloud Music

Published: May 23, 2024

NetEase, Inc (NASDAQ:NTES) reported fiscal first-quarter 2024 revenue growth of 7.2% year-on-year to $3.72 billion (26.9 billion Chinese yuan), missing the analyst consensus estimate of $3.79 billion. The Chinese gaming player's adjusted EPADS of $1.81 beat the analyst consensus estimate of $1.79. Segments and margins: Games and related value-added services revenues grew 7.0% year over year to $3.0 billion. The corresponding gross margin increased by 280 bps to 69.5%, attributable to changes in

Source: yahoo.com

25 Richest Billionaires in Technology Industry

Published: May 3, 2024

In this article, we discuss the 25 richest billionaires in technology industry. To skip our detailed analysis of the technology industry, go directly to the 5 Richest Billionaires in Technology Industry. Technology Market Outlook According to a report by McKinsey, 2023 experienced a technological comeback and generative AI was one of the major drivers of […]

Source: yahoo.com