The second quarter financial results of Youdao (NYSE: DAO) will be unveiled on Thursday 22nd August 2024. This eagerly awaited announcement is scheduled to occur before market open.
The financial experts on Wall Street are predicting that the enterprise will likely report an estimated $0.26 loss per share for the second quarter. Additionally, it is anticipated that the company will reveal a $188.65 million revenue during the quarter.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share loss of $0.32. This notable figure was attributed to the company's total revenue, which settled at an impressive $166.4 million during that specific quarter.
Wall street experts have shared their forecasts for the company's annual performance, indicating that they predict the company will achieve a total revenue of $837.31 million. Additionally, they are expecting the earnings per share for the company to hit loss of $0.12 during the fiscal year.
During the previous trading day, Youdao (DAO) shares reached a low of $3.54 and a high of $3.68, along with a total volume of 68.40 thousand shares. The stock ended Wednesday's regular trading session at $3.68, reflecting an upturn of 6.05 percent.
