Youdao DAO reported its Q2 earnings results on Thursday, August 18, 2022 at 04:30 AM.
Here’s what investors need to know about the announcement.
Youdao missed estimated earnings by 120.83%, reporting an EPS of $-0.53 versus an estimate of $-0.24.
Revenue was down $57.56 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.1 which was followed by a 1.99% drop in the share price the next day.
To track all earnings releases for Youdao visit their earnings calendar here.
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