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NetEase Revenue Miss
NetEase’s Profit Falls on Weaker Gaming Revenue
NetEase‘s profit tumbled for a second straight quarter and revenue missed market expectations as the Chinese videogame giant’s main business delivered a soft performance amid a high base last year.Net profit dropped 17% to 6.
NetEase Revenue Miss: Gaming Struggles
NetEase's Q3 earnings disappointed, with challenges in gaming dragging down results despite some growth in other segments.
NetEase Shares Soar on Strong Game Revenue Prospects Despite Earnings Miss
Shares of the Chinese videogame giant were 13% higher by midday Friday, on track for their biggest one-day percentage gain in more than two years. The stock remains about 3.6% lower this year. NetEase's American depositary receipts rose 10% overnight, closing at $84.22.
14h
NetEase Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
NetEase NTES underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish ...
12h
NetEase price target lowered to $105 from $120 at Benchmark
Benchmark lowered the firm’s price target on NetEase (NTES) to $105 from $120 and keeps a Buy rating on the shares after the company ...
Bounding Into Comics
1d
‘Marvel Rivals’ Developer NetEase Charges Nine Employees With Bribery And Money Laundering Following Anti-Corruption Investigation
Marvel Rivals' developer NetEase has accused nine of its employees of engaging in bribery and money laundering.
Shacknews
7d
NetEase dismisses two execs & seven other employees on bribery allegations
NetEase confirmed that police have taken the executives and employees into custody and are investigating money laundering ...
12h
NetEase (NTES) Gets a Buy from Benchmark Co.
Benchmark Co. analyst Fawne Jiang maintained a Buy rating on NetEase (NTES – Research Report) today and set a price target of $105.00.
4d
NetEase: Robust IP, Strong R&D, And An Attractive Price
NetEase shows strong net profit growth and competitive advantage in mobile gaming, despite regulatory challenges. Read more ...
13h
on MSN
Tech, Media & Telecom Roundup: Market Talk
The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, ...
2d
NetEase Q3 Earnings: Revenue And EPS Beat As Cloud Music Grows, Gaming Weakens
NetEase reported a 3.9% revenue decline in Q3 2024, beating analyst estimates. Strong performance in gaming and new releases.
18h
China Market Update: Alibaba Earnings Deep Dive, Tepper & Burry Maintain China Positions, Week In Review
Asia ended an off week mixed as Mainland China underperformed, the Philippines outperformed, and India was closed for the ...
20h
NetEase’s Strategic Growth Catalysts and Enhanced Shareholder Returns Justify Buy Rating
CMB International Securities analyst Saiyi HE maintained a Buy rating on NetEase (NTES – Research Report) today and set a price target of ...
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