NetEase reported Q3 2024 net revenues of RMB26.2 billion ($3.7 billion), down 3.9% YoY, with gaming revenue declining 4.2% to RMB20.9 billion. Net income attributable to shareholders reached RMB6.5 billion ($931.7 million). The company declared a quarterly dividend of $0.435 per ADS.Gaming operations showed mixed results with World of Warcraft and Hearthstone's return to China driving significant player growth, while new titles like Naraka: Bladepoint mobile and Racing Master gained traction in key markets. World of Warcraft saw a 50% increase in daily active players compared to pre-shutdown levels, while Hearthstone achieved over 150% growth.The company's diversification efforts continued with Youdao achieving its first-ever Q3 operating profit, while NetEase Cloud Music sustained healthy revenue growth in online music services. The company maintained a strong financial position with net cash of RMB120.0 billion ($17.1 billion) as of September 30, 2024.

NetEase reported Q3 2024 net revenues of RMB26.2 billion ($3.7 billion), down 3.9% YoY, with gaming revenue declining 4.2% to RMB20.9 billion. Net income attributable to shareholders reached RMB6.5 billion ($931.7 million). The company declared a quarterly dividend of $0.435 per ADS.Gaming operations showed mixed results with World of Warcraft and Hearthstone's return to China driving significant player growth, while new titles like Naraka: Bladepoint mobile and Racing Master gained traction in key markets. World of Warcraft saw a 50% increase in daily active players compared to pre-shutdown levels, while Hearthstone achieved over 150% growth.The company's diversification efforts continued with Youdao achieving its first-ever Q3 operating profit, while NetEase Cloud Music sustained healthy revenue growth in online music services. The company maintained a strong financial position with net cash of RMB120.0 billion ($17.1 billion) as of September 30, 2024.