Youdao (NYSE:DAO) Announces Earnings Results

Youdao (NYSE:DAO) issued its quarterly earnings results on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.86) by $1.74, Zacks reports. The business had revenue of $181.88 million for the quarter.

Youdao Stock Performance

Shares of DAO traded up $0.09 during midday trading on Friday, hitting $3.44. The company had a trading volume of 55,075 shares, compared to its average volume of 109,951. Youdao has a 1 year low of $2.86 and a 1 year high of $4.75. The firm has a market capitalization of $415.96 million, a P/E ratio of -9.21 and a beta of -0.04. The company’s 50-day simple moving average is $3.58 and its 200-day simple moving average is $3.79.

About Youdao

Youdao, Inc, an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications.