Youdao, Inc. (DAO) Tops Q2 EPS by RMB 13c
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Youdao Reports Second Quarter 2021 Unaudited Financial Results
August 31, 2021 4:30 AM EDTHANGZHOU, China, Aug. 31, 2021 /PRNewswire/ -- Youdao, Inc. ("Youdao" or the "Company") (NYSE: DAO), a leading intelligent learning company in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.
Second Quarter 2021 Financial Highlights
Total net revenues were RMB1.3 billion (US$200.3 million), representing a 107.5% increase from the same period in 2020.- Net revenues from learning services were RMB921.1 million (US$142.7 million), representing a 112.4% increase from the same period in 2020. - Net revenues from learning products were RMB206.3 million (US$32.0 million),... More