Brief: Youdao Reports Q2 Loss Per ADS Of RMB4.29

Youdao

31/08/2021 09:41

Aug 31 (Reuters) - Youdao Inc  DAO.N :
    * YOUDAO REPORTS SECOND QUARTER 2021 UNAUDITED FINANCIAL
RESULTS
    * Q2 REVENUE RMB 1.3 BILLION VERSUS REFINITIV IBES ESTIMATE
OF RMB
1.33 BILLION
    * LOSS FROM OPERATIONS FOR Q2 OF 2021 WAS RMB544.4 MILLION
(US$84.3 MILLION), COMPARED WITH RMB283.0 MILLION FOR SAME
PERIOD IN 2020
    * QTRLY  BASIC AND DILUTED NET LOSS PER ADS ATTRIBUTABLE TO
ORDINARY SHAREHOLDERS FOR Q2 WAS RMB4.29
    * QTRLY  NON-GAAP BASIC AND DILUTED NET LOSS PER ADS
ATTRIBUTABLE
TO ORDINARY SHAREHOLDERS WAS RMB4.09 (US$0.63)

Source text for Eikon:  ID:nPn2dwrKba 
Further company coverage:  DAO.N 

 ((Reuters.Briefs@thomsonreuters.com;))