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Youdao Q2 EPS $(0.11) Beats $(0.26) Estimate, Sales $181.88M Miss $197.34M Estimate

Author: Benzinga Newsdesk | August 22, 2024 04:34am

Youdao (NYSE:DAO) reported quarterly losses of $(0.11) per share which beat the analyst consensus estimate of $(0.26) by 57.69 percent. This is a 65.63 percent increase over losses of $(0.32) per share from the same period last year. The company reported quarterly sales of $181.88 million which missed the analyst consensus estimate of $197.34 million by 7.84 percent. This is a 9.30 percent increase over sales of $166.40 million the same period last year.

Posted In: DAO

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