网易有道Youdao, Inc.（DAO）2025年第一季度业绩报告「NYSE」（英文版）（9页）.pdf

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1、 For investor and media inquiries,please contact:In China:Jeffrey Wang Youdao,Inc.Tel:+86-10-8255-8163 ext.89980 E-mail:IR Piacente Financial Communications Helen Wu Tel:+86-10-6508-0677 E-mail: In the United States:Piacente Financial Communications Brandi Piacente Tel:+1-212-481-2050 E-mail: Youdao

2、 Reports First Quarter 2025 Unaudited Financial Results Hangzhou,China May 15,2025 Youdao,Inc.(“Youdao”or the“Company”)(NYSE:DAO),an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals,today announced its unaudited financial r

3、esults for the first quarter ended March 31,2025.First Quarter 2025 Financial Highlights Total net revenues were RMB1.3 billion(US$178.9 million),representing a 6.7%decrease from the same period in 2024.o Net revenues from learning services were RMB602.4 million(US$83.0 million),representing a 16.1%

4、decrease from the same period in 2024.o Net revenues from smart devices were RMB190.5 million(US$26.3 million),representing a 5.1%increase from the same period in 2024.o Net revenues from online marketing services were RMB505.4 million(US$69.6 million),representing a 2.6%increase from the same perio

5、d in 2024.Gross margin was 47.3%,compared with 49.0%for the same period in 2024.Income from operations was RMB104.0 million(US$14.3 million),representing a 247.7%increase from the same period in 2024.Basic and diluted net income per American depositary share(“ADS”)attributable to ordinary shareholde

6、rs was RMB0.65(US$0.09)and RMB0.64(US$0.09),respectively,compared with RMB0.11 and RMB0.10 for the same period of 2024.“In the first quarter,we significantly improved our profitability,driving operating income to a first-quarter record high of RMB104.0 million,up 247.7%year-over-year.On the product