Youdao, Inc. (DAO) Thursday announced a turnaround to profit on 19.7 percent increase in first-quarter revenues compared to the prior year.
The quarterly earnings were RMB 12.4 million or $1.7 million from loss of RMB 204.4 million a year ago. On an adjusted basis, earning were RMB 20.3 million or $2.8 million.
On a per share basis, earnings were RMB 0.10 or $0.01 compared to RMB 1.67 last year. Chinese intelligent learning company's net revenues for the quarter were RMB 1.4 billion or $192.8 million compared to RMB 1.2 billion last year.
The smart devices contributed revenue of RMB 181.2 million or $25.1 million up 14.8 percent from the previous year. Online marketing services' revenue surged 125.9 percent to RMB492.7 million or $68.2 million, up from RMB 218.1 million in the same quarter last year.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.