The chart below shows how NTES performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NTES sees a +0.77% change in stock price 10 days leading up to the earnings, and a +1.56% change 10 days following the report. On the earnings day itself, the stock moves by -3.42%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Quarterly Revenue Increase: Total net revenue for the third quarter reached RMB 26.2 billion, representing a 3% increase quarter-over-quarter.
Online Games Revenue Growth: Total online games net revenue reached around RMB 20 billion, marking a 5% increase quarter-over-quarter.
Online Games Revenue Growth: In the Gaming division, total online games net revenue grew to RMB 20.2 billion, up 5% quarter-over-quarter.
Record Quarterly Operating Profit: Operating income from operations exceeded RMB 100 million, marking our first profitable third quarter and setting a new record for quarterly operating profit.
Dividend Approval Announcement: The board approved a dividend of $0.87 per share for the third quarter, reflecting our commitment to returning value to shareholders.
Negative
Quarterly Revenue Increase: Total net revenue for the third quarter were RMB 26.2 billion or $3.7 billion representing a 3% increase quarter-over-quarter.
Contract Liabilities Increase: Current contract liabilities were RMB 15.5 billion, up 14% quarter-over-quarter.
Quarterly Revenue Increase: Total net revenues from our games and related VAS were RMB 20.9 billion, up 4% quarter-over-quarter.
Online Games Revenue Increase: Specifically, net revenues from online games were RMB 20.2 billion, up 5% quarter-over-quarter.
Operating Expenses Overview: Total operating expenses for the third quarter were RMB 9.3 billion or 35.6% of our net revenues.
NetEase, Inc. (NTES) Q3 2024 Earnings Call Transcript
NTES.O
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