Youdao (NYSE:DAO) Releases Earnings Results, Beats Estimates By $1.74 EPS

Youdao (NYSE:DAO) issued its quarterly earnings results on Thursday. The company reported ($0.12) EPS for the quarter, beating analysts’ consensus estimates of ($1.86) by $1.74, Zacks reports. The business had revenue of $181.88 million for the quarter.

Youdao Stock Performance

Shares of NYSE:DAO opened at $3.44 on Friday. Youdao has a fifty-two week low of $2.86 and a fifty-two week high of $4.75. The company’s 50-day moving average is $3.58 and its 200 day moving average is $3.79. The company has a market capitalization of $415.96 million, a P/E ratio of -9.05 and a beta of -0.04.

Youdao Company Profile

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.