NetEase Youdao released its unaudited financial report for the third quarter of 2024. The report shows that Youdao's net income in the third quarter reached 1.57 billion yuan, a year-on-year increase of 2.2%. Operating profit reached 0.11 billion yuan, marking the first time in history that a profit was achieved in the third quarter, and the single-quarter profit amount hit a historical high. Operating cash outflow narrowed to 85.4 million yuan, representing a year-on-year reduction of 71.0%.
网易有道：三季度净收入15.7亿元，同比增长2.2%
Youdao: Net income in the third quarter reached 1.57 billion yuan, with a year-on-year growth of 2.2%.
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