网易有道Youdao, Inc.（DAO）2024年第二季度财报（英文版）（9页）.pdf

1、 For investor and media inquiries,please contact:In China:Jeffrey Wang Youdao,Inc.Tel:+86-10-8255-8163 ext.89980 E-mail:IR Piacente Financial Communications Helen Wu Tel:+86-10-6508-0677 E-mail: In the United States:Piacente Financial Communications Brandi Piacente Tel:+1-212-481-2050 E-mail: Youdao

2、 Reports Second Quarter 2024 Unaudited Financial Results Hangzhou,China August 22,2024 Youdao,Inc.(“Youdao”or the“Company”)(NYSE:DAO),an intelligent learning company with industry-leading technology in China,today announced its unaudited financial results for the second quarter ended June 30,2024.Se

3、cond Quarter 2024 Financial Highlights Total net revenues were RMB1.3 billion(US$181.9 million),representing a 9.5%increase from the same period in 2023.o Net revenues from learning services were RMB643.8 million(US$88.6 million),representing a 5.5%decrease from the same period in 2023.o Net revenue

4、s from smart devices were RMB166.7 million(US$22.9 million),representing a 25.0%decrease from the same period in 2023.o Net revenues from online marketing services were RMB511.2 million(US$70.3 million),representing a 68.4%increase from the same period in 2023.Gross margin was 48.2%,compared with 47

5、.0%for the same period in 2023.“In the second quarter,our financial performance was robust,with operating cash inflow reaching an all-time high and operating loss narrowing significantly year-over-year.Leveraging our advanced large language model capabilities and data advantages,we upgraded our coll

6、ege admission consultation services in Youdao Lingshi to AI-based College Admission Advisers,enhancing both the timeliness and personalization of our services.Driven by RTA(Real-Time API)and AI tools advertising,our online marketing services achieved record net revenues of RMB511.2 million in the se