Youdao, Inc. Stock Price, News & Analysis

Youdao, Inc. (NYSE: DAO), a leading intelligent learning company in China, will announce its third quarter 2022 financial results on November 17, 2022, before the U.S. market opens. A teleconference is scheduled for 5:00 a.m. ET on the same day, where management will discuss the earnings and answer questions. The conference call will be available for playback, and details can be accessed through the company's investor relations website.
Youdao focuses on education technology, offering various learning solutions and smart devices.

Youdao, Inc. (NYSE: DAO) has launched the Youdao Smart Learning Pad X10, a new AI-driven educational tool aimed at enhancing learning experiences. This device features a unique "Learning Dashboard" to track performance and offer tailored suggestions for users. It allows photo uploads of homework for analysis and connects to recorded lectures from top universities. Additionally, the Youdao Dictionary Pen P5 was introduced with enhanced scanning capabilities. Both products are available for pre-sale across major Chinese e-commerce platforms.

Youdao, a prominent Chinese intelligent learning company, reported its Q2 2022 financial results, showing total net revenues of RMB956.2 million (US$142.8 million), down 2.4% from Q2 2021. Net revenues from learning services fell 7.3%, while smart devices saw a 16.3% increase. Gross profit decreased by 18.1% with a gross margin of 42.8%. Despite a narrowed net loss of RMB461 million, representing a 12.3% improvement year-over-year, operating cash inflow was RMB104 million. Youdao continues to adapt to regulatory changes and has launched new products, aiming for growth in the second half of the year.

Youdao, Inc. (NYSE: DAO), a leading intelligent learning technology company in China, held its 2022 Intelligent Learning Product Launch Event on August 9, 2022, in Beijing. The event showcased the new Youdao Dictionary Pen X5, featuring a 15% faster word search and a vocabulary expansion to 10 million words. The Youdao Smart Learning Pad also demonstrated success, achieving gross billings of RMB 10 million shortly after launch. CEO Feng Zhou emphasized the company's commitment to advancing learning through technology and expanding its product offerings.

Youdao, Inc. (NYSE: DAO), a prominent intelligent learning company in China, announced it will disclose its Q2 2022 financial results on August 18, 2022, before U.S. market opens. The earnings call will occur at 6:00 a.m. ET on the same day, with management available for discussions and Q&A. Investors can join via specific dial-in numbers or through a webcast on the company's investor relations site. Youdao focuses on innovative learning solutions, leveraging technology to offer various educational services and tools.

Blizzard Entertainment has launched Diablo Immortal, the largest mobile entry in the Diablo franchise, now available for free on iOS and Android, with an open beta on Windows PC via Battle.net.

More than 35 million players pre-registered, and those logging in within 30 days can claim the Horadrim Cosmetic Set. The game features solo or multiplayer modes, cross-play, six classes, and ongoing content updates, setting a new standard in mobile gaming.

Youdao, Inc. (NYSE: DAO) released its inaugural Corporate Social Responsibility (CSR) report on May 23, 2022. The report details the company's policies and achievements in 2021, emphasizing its commitment to enhancing high-quality education through technology. Youdao has formed partnerships with over 20 educational institutions and provided services for free to support students amid regulatory challenges. Notably, it launched the iCourse International MOOC Platform and offered free remote teaching services to 2 million students. The company aims to empower users and society with digital learning solutions.

Youdao, Inc. (DAO) reported its first-quarter 2022 financial results, achieving total net revenues of RMB1.2 billion (US$189.4 million), a 26.6% increase year-over-year. Learning services revenues surged 36.1% to RMB826.0 million (US$130.3 million). Smart devices revenue rose by 25.4%, while online marketing services declined by 12.7%. The gross margin improved to 53.5%. Operating loss narrowed by 49.6% quarter-over-quarter to RMB125.1 million. As of March 31, 2022, Youdao's cash and equivalents totaled RMB1.2 billion, reflecting financial support from NetEase Group amidst a challenging regulatory environment.

Youdao, Inc. (NYSE: DAO), a leading intelligent learning company in China, will announce its Q1 2022 financial results on May 24, 2022, before U.S. market opening. The earnings call will occur at 7:00 a.m. ET, featuring a discussion of the results and a Q&A session with management. Dial-in details for participants are provided, including toll-free numbers for the U.S. and international callers. The conference will be accessible via live and archived webcasts on their investor relations website. For more information, visit Youdao's website.