Youdao, Inc. (DAO) reported fourth quarter net income from continuing operations attributable to shareholders of RMB 56.5 million, compared with RMB 12.3 million, last year. Net income from continuing operations per ADS was RMB 0.47 compared with RMB 0.10. Non-GAAP net income from continuing operations attributable to shareholders was RMB 69.3 million compared with RMB 31.1 million, last year. Non-GAAP net income from continuing operations per ADS was RMB 0.58 compared with RMB 0.25.
Fourth quarter net revenues were RMB 1.5 billion, a 1.8% increase from the same period in 2022.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.