Brief: Youdao Says Q4 Revenue Rose 169.7% To Rmb 1.1 Bln

Youdao

25/02/2021 08:34

Feb 25 (Reuters) - Youdao Inc  DAO.N :
    * YOUDAO REPORTS FOURTH QUARTER AND FISCAL YEAR 2020
UNAUDITED
FINANCIAL RESULTS
    * Q4 REVENUE ROSE 169.7 PERCENT TO RMB 1.1 BILLION
    * LOSS FROM OPERATIONS FOR Q4 OF 2020 WAS RMB452.8 MILLION
(US$69.4 MILLION), COMPARED WITH RMB204.0 MILLION FOR SAME
PERIOD IN 2019
    * BASIC AND DILUTED NET LOSS PER AMERICAN DEPOSITARY SHARE
ATTRIBUTABLE TO ORDINARY SHAREHOLDERS FOR Q4 OF 2020 WAS RMB3.93
(US$0.60)

Source text for Eikon:  ID:nPn1bpwDGa 
Further company coverage:  DAO.N 

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