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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.
1d
NetEase Stock: A Deep Dive Into Analyst Perspectives (5 Ratings)
In the assessment of 12-month price targets, analysts unveil insights for NetEase, presenting an average target of $105.0, a ...
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.
23h
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 ...
Shacknews
8d
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 ...
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.
1d
NetEase price target raised to $115 from $108 at Citi
Citi raised the firm’s price target on NetEase (NTES) to $115 from $108 and keeps a Buy rating on the shares. While the Q3 print missed ...
1d
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, ...
VideoGamer
10h
Marvel Rivals roadmap reveals huge character leading charge at launch season
This is going to be mighty Marvel-ous. Devs at NetEase Games have finally revealed the upcoming roadmap for Marvel Rivals at ...
1d
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 ...
6h
on MSN
NetEase, Inc. (NASDAQ:NTES) Misses on Earnings: Is It Still a Buy Among Cheap Chinese Stocks?
We recently published a list of 12 Cheap Chinese Stocks to Buy According to Hedge Funds. In this article, we are going to ...
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