Youdao (NYSE:DAO) Announces Quarterly Earnings Results

Youdao (NYSE:DAOGet Free Report) posted its quarterly earnings data on Thursday. The company reported $0.10 earnings per share (EPS) for the quarter, Zacks reports. Youdao had a negative return on equity of 3.12% and a net margin of 1.03%. The company had revenue of $183.55 million for the quarter.

Youdao Stock Down 0.8 %

DAO stock opened at $10.30 on Friday. Youdao has a 52-week low of $2.86 and a 52-week high of $11.82. The stock’s 50 day moving average is $7.79 and its two-hundred day moving average is $5.68. The company has a market capitalization of $1.25 billion, a PE ratio of 147.17 and a beta of 0.03.

Wall Street Analysts Forecast Growth

Separately, Citigroup downgraded Youdao from a “buy” rating to a “neutral” rating in a report on Thursday, December 19th.

View Our Latest Research Report on Youdao

Youdao Company Profile

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Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.

See Also

Earnings History for Youdao (NYSE:DAO)

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