Profile
Sector:
Consumer DefensiveIndustry:
Education & Training ServicesCountry:
ChinaIPO:
25 October 2019Website:
http://www.youdao.comNext earnings report:
23 August 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | Fri, 05 Jul 2024 13:30:00 GMTDividend
Analysts recommendations
Institutional Ownership
DAO Latest News
Youdao, Inc. (NYSE:DAO ) Q1 2024 Results Conference Call May 23, 2024 6:00 AM ET Company Participants Jeffrey Wang - Director, Investor Relations Feng Zhou - Chief Executive Officer Lei Jin - President Peng Su - Vice President, Strategies and Capital Markets Wayne Li - VP of Finance & Senior Financial Controller Conference Call Participants Brian Gong - Citigroup Caini Wang - CICC Thomas Chong - Jefferies Bo Zhang - Huatai Securities Ya Jiang - CITIC Linda Huang - Macquarie Operator Good day, and welcome to the Youdao 2024 First Quarter Earnings Conference Call. Today's conference is being recorded.
Youdao's revenue growth is expected to accelerate this year with the expansion of the online marketing services business in the gaming sector and overseas markets, and the conclusion of the smart devices business' channel optimization exercise. Net loss for DAO is likely to narrow in a meaningful way for 2024, as there are opportunities for profitability improvement with its smart devices business and its learning services business. The stock is attractively valued, and the company's financial prospects are healthy, which warrants a Buy rating for Youdao.
With geopolitical tensions soaring between the world's top two economies, the idea of targeting China's publicly traded securities – even those billed as the best Chinese stocks to buy now – might seem risky. To be sure, there are plenty of reasons to doubt the sector.
What type of business is Youdao?
Youdao, Inc., an internet technology company, provides online services in the field of content, community, communication, and commerce in China. It operates through three segments: Learning Services, Smart Devices, and Online Marketing Services. The company provides various learning content, applications, and solutions, which cover topics and target people from various age groups for their learning needs through its websites and mobile applications. It offers online knowledge tools, which include Youdao and other dictionaries and translation tools; learning services consisting of tutoring, fee-based premium, and other services; STEAM courses, adult and vocational courses, and other courses, such as China University MOOC; smart devices, such as Youdao Dictionary Pen, Youdao Listening Pod, Youdao Smart Lamp, Youdao Pocket Translator, and Youdao Super Dictionary; education digitalization solutions comprising technologies and solutions licensed to schools or enterprise customers, such as Youdao Smart Learning Terminal, and Youdao Smart Cloud; and online marketing services. In addition, the company provides online courses comprising Youdao Premium Courses and NetEase Cloud Classroom, as well as technical support to the variable interest entities (VIEs). Youdao, Inc. was founded in 2006 and is headquartered in Hangzhou, China. Youdao, Inc. is a subsidiary of NetEase, Inc.
What sector is Youdao in?
Youdao is in the Consumer Defensive sector
What industry is Youdao in?
Youdao is in the Education & Training Services industry
What country is Youdao from?
Youdao is headquartered in China
When did Youdao go public?
Youdao initial public offering (IPO) was on 25 October 2019
What is Youdao website?
https://www.youdao.com
Is Youdao in the S&P 500?
No, Youdao is not included in the S&P 500 index
Is Youdao in the NASDAQ 100?
No, Youdao is not included in the NASDAQ 100 index
Is Youdao in the Dow Jones?
No, Youdao is not included in the Dow Jones index
When does Youdao report earnings?
The next expected earnings date for Youdao is 23 August 2024