US Stock Market Move | Youdao Inc ADR Class A (DAO.US) surged more than 12%, with operating profit in the first quarter increasing by 247.7% year-on-year, reaching a record high.
On Thursday, DAo DAO.US) surged more than 12%, closing at $9.75.
On Thursday, Youdao Inc ADR Class A (DAO.US) surged over 12% to $9.75. According to the financial report, in the first quarter of 2025, Youdao Inc ADR Class A achieved a net income of 1.3 billion yuan, operating profit of 104 million yuan, hitting a first-quarter historical high with a 247.7% year-on-year growth; operating cash net outflow narrowed by 34.7% year-on-year, showing significant improvement in financial efficiency.
Youdao Inc ADR Class A CEO Zhou Feng stated that after achieving annual profitability for the first time in 2024, the company now has strategic advantages and is able to maintain this positive development trend. In 2025, the company will accelerate the deployment of the "Classic of Filial Piety" model in the education and advertising fields, providing users with a better experience.
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