NetEase Q2 Adjusted Earnings Fall, Revenue Rises-March 2024-www.financetom.com

NetEase Q2 Adjusted Earnings Fall, Revenue Rises

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NetEase Q2 Adjusted Earnings Fall, Revenue Rises

Aug 22, 2024 5:49 AM

05:22 AM EDT, 08/22/2024 (MT Newswires) -- NetEase ( NTES ) reported Q2 adjusted earnings Thursday of 12.05 Chinese renminbi ($1.66) per American depositary share, down from 13.88 renminbi per ADS a year earlier.

Analysts surveyed by Capital IQ expected 12.09 renminbi.

Net revenue for the quarter ended June 30 was 25.49 billion renminbi, up from 24.01 billion renminbi a year earlier.

Analysts polled by Capital IQ expected 26.09 billion renminbi.

Price: 92.50, Change: -0.09, Percent Change: -0.10

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