Youdao (NYSE:DAO) Issues Earnings Results

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Youdao (NYSE:DAO) announced its quarterly earnings data on Wednesday. The company reported ($0.37) EPS for the quarter, reports. The company had revenue of $48.39 million for the quarter.

NYSE DAO traded up $0.09 during trading on Friday, reaching $14.06. The company’s stock had a trading volume of 33,752 shares.

Separately, Citigroup initiated coverage on shares of Youdao in a research report on Friday. They set a “buy” rating on the stock.

Youdao Company Profile

Youdao, Inc, an Internet technology company, provides online services in content, community, communication, and commerce in China. The company provides various learning content, applications, and solutions, which covers topics and targets people from various age groups for their learning needs through its websites and mobile applications.

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