NetEase Q2: Revenue Falls Short, Gaming Segment Shines
NetEase Q2: Revenue Falls Short, Gaming Segment Shines
NetEase, Inc (NASDAQ:NTES) reported fiscal second-quarter 2024 revenue growth of 6.1% year-on-year to $3.51 billion (25.5 billion Chinese yuan), missing the analyst consensus estimate of $3.70 billion.
網易公司（納斯達克:NTES）報告2024財年第二季度營業收入同比增長6.1%，達到了351億美元（255億人民幣），但低於分析師的一致預估370億美元。
The Chinese gaming player's adjusted EPADS of $1.66 beat the analyst consensus estimate of $1.65.
這家中國遊戲公司的調整每股稀釋盈利1.66美元，超過了分析師的一致預估1.65美元。
Segments and margins: Games and related value-added services revenues grew 6.7% year over year to $2.8 billion. The corresponding gross margin increased by 260 bps to 70.0%, mainly attributable to changes in product mix.
遊戲及相關增值服務收入同比增長6.7%，達到28億美元。對應的毛利率提高了260個點子，達到70.0%，主要歸因於產品組合的變化。
Youdao, Inc's (NYSE:DAO) revenue climbed by 9.5% year over year to $181.9 million, and the corresponding gross margin improved by 182 bps to 48.2%, mainly due to increased revenue contribution from its online marketing services.
有道公司（紐交所:DAO）的營業收入同比增長了9.5%，達到181.9萬美元，對應的毛利率提高了182個點子，達到48.2%，主要是由於在線營銷服務的收入增加。
Cloud Music's revenues were $280.8 million, up 4.7% year over year, and its gross margin expanded by 510 bps to 32.1%.
雲音樂的營業收入同比增長了4.7%，達到280.8萬美元，對應的毛利率擴大了510個點子，達到32.1%。
Innovative businesses and other revenue remained stable year over year at $284.5 million, and the gross margin increased by 450 bps to 34.0%, mainly due to changes in the product mix within the segment.
創新業務及其他的營收與上年持平，達到284.5萬美元，對應的毛利率提高了450個點子，達到34.0%，主要是由於該業務板塊內產品組合的變化。
As of June 30, 2024, NetEase held $16 billion in cash and equivalents and generated $898.8 million in operating cash flow.
截至2024年6月30日，網易公司持有16億美元的現金及等價物，併產生了898.8萬美元的經營現金流。
Dividend: The board of directors has approved a dividend of $0.4350 per ADS for the second quarter of 2024.
股東會批准了2024年第二季度每股美國存託憑證派息0.4350美元。
CEO William Ding: "With a growing portfolio of games that feature higher quality and cover more genres, we are thrilled to bring exciting NetEase gaming experiences to more players around the globe."
董事長William Ding表示：「隨着我們擁有越來越多高質量、涵蓋更多類型的遊戲，我們非常高興能夠將令人興奮的網易arvr遊戲體驗帶給全球更多玩家。」
Price Action: NTES shares traded lower by 4.91% at $88.04 premarket at the last check Thursday.
股價走勢：在上週四最新數據顯示時，NTES股票盤前交易下跌了4.91%，報88.04美元。