Brief: Youdao Reports Q4 Revenue RMB 1.0 Bln

Youdao

24/02/2022 08:37

Feb 24 (Reuters) - Youdao Inc  DAO.N :
    * YOUDAO REPORTS FOURTH QUARTER AND FISCAL YEAR 2021
UNAUDITED
FINANCIAL RESULTS
    * Q4 REVENUE ROSE 22.6 PERCENT TO RMB 1.0 BILLION
    * LOSS FROM OPERATIONS FOR Q4 OF 2021 WAS RMB248.3 MILLION
(US$39.0 MILLION)
    * QTRLY BASIC NET LOSS PER ADS RMB 0.13
    * ABILITY TO CONTINUE AS A GOING CONCERN IS DEPENDENT ON
MANAGEMENT'S ABILITY TO IMPLEMENT AN EFFECTIVE BUSINESS PLAN IN
FUTURE PERIODS

Source text for Eikon:  ID:nPn1GP3zza 
Further company coverage:  DAO.N 

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