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Youdao | 6-K: Report of foreign private issuer (related to financial reporting)

Youdao | 6-K: Report of foreign private issuer (related to financial reporting)

有道 | 6-K:外國發行人報告(業績相關)
美股SEC公告 ·  2024/08/22 18:19

牛牛AI助理已提取核心訊息

Youdao reported Q2 2024 total net revenues of RMB1.3B ($181.9M), up 9.5% YoY, with online marketing services surging 68.4% to RMB511.2M. Learning services revenue declined 5.5% to RMB643.8M, while smart devices revenue fell 25% to RMB166.7M. Gross margin improved to 48.2% from 47.0% YoY.Operating loss narrowed significantly to RMB72.6M from RMB289.1M last year, with operating cash flow reaching an all-time high. The improvement was driven by reduced operating expenses across sales and marketing (-12.2%), R&D (-25.4%), and G&A (-36.1%). The company's strategic focus on digital content, online marketing, and AI-driven subscription services showed strong results.Looking ahead, management expects to achieve full-year positive operating income in the near future. The company maintains strong financial support from NetEase Group, including RMB878M in short-term loans and a US$126.5M long-term loan facility. As of June 30, Youdao had repurchased approximately 7.5M ADSs for US$33.8M under its share repurchase program.
Youdao reported Q2 2024 total net revenues of RMB1.3B ($181.9M), up 9.5% YoY, with online marketing services surging 68.4% to RMB511.2M. Learning services revenue declined 5.5% to RMB643.8M, while smart devices revenue fell 25% to RMB166.7M. Gross margin improved to 48.2% from 47.0% YoY.Operating loss narrowed significantly to RMB72.6M from RMB289.1M last year, with operating cash flow reaching an all-time high. The improvement was driven by reduced operating expenses across sales and marketing (-12.2%), R&D (-25.4%), and G&A (-36.1%). The company's strategic focus on digital content, online marketing, and AI-driven subscription services showed strong results.Looking ahead, management expects to achieve full-year positive operating income in the near future. The company maintains strong financial support from NetEase Group, including RMB878M in short-term loans and a US$126.5M long-term loan facility. As of June 30, Youdao had repurchased approximately 7.5M ADSs for US$33.8M under its share repurchase program.
有道報告2024年第二季度總淨營業收入爲人民幣13億($181.9M),同比增長9.5%,在線營銷服務激增68.4%至人民幣51120萬。學習服務收入下降5.5%至人民幣64380萬,而智能設備收入下降25%至人民幣16670萬。毛利率從47.0%提高到48.2%。營業虧損大幅收窄至人民幣7260萬,去年爲人民幣28910萬,營業現金流達到歷史新高。改善是由於銷售和營銷(-12.2%)、研究與開發(-25.4%)和一般和行政費用(-36.1%)的營業費用減少。公司在數字內容、在線營銷和人工智能驅動的訂閱服務方面的戰略重點取得了強勁的成果。展望未來,管理層預計在不久的將來將實現全年正營業收入。公司獲得網易集團的強大財務支持,包括人民幣87800萬的短期貸款和一項12650萬美元的長期貸款設施。截至6月30日,有道在其股份回購計劃下回購了大約750萬ADS,金額爲3380萬美元。
有道報告2024年第二季度總淨營業收入爲人民幣13億($181.9M),同比增長9.5%,在線營銷服務激增68.4%至人民幣51120萬。學習服務收入下降5.5%至人民幣64380萬,而智能設備收入下降25%至人民幣16670萬。毛利率從47.0%提高到48.2%。營業虧損大幅收窄至人民幣7260萬,去年爲人民幣28910萬,營業現金流達到歷史新高。改善是由於銷售和營銷(-12.2%)、研究與開發(-25.4%)和一般和行政費用(-36.1%)的營業費用減少。公司在數字內容、在線營銷和人工智能驅動的訂閱服務方面的戰略重點取得了強勁的成果。展望未來,管理層預計在不久的將來將實現全年正營業收入。公司獲得網易集團的強大財務支持,包括人民幣87800萬的短期貸款和一項12650萬美元的長期貸款設施。截至6月30日,有道在其股份回購計劃下回購了大約750萬ADS,金額爲3380萬美元。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


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