NetEase Earnings Falls Short with ¥0.64, Profit Below Expectations

NetEase (NASDAQ: NTES) reported a third-quarter earnings per share of ¥11.63, which is ¥0.64 lower than analysts' expectations of ¥12.27. The reported revenue for this quarter was ¥26.21 billion, compared to analyst expectations of ¥26.69 billion.

NetEase's stock closed the day at ¥76.28, indicating a decline of 15.16% over the past three months. The stock has decreased by 33.72% over the last 12 months. In the last 90 days, NetEase saw 1 positive earnings per share result against 8 negative earnings per share results.

According to InvestingPro, NetEase has a financial health score of "Good performance." For recent earnings reports and the company's complete financial information, further details can be checked here. Stay informed about all balance sheet developments by visiting the Investing.com Earnings Calendar.