Youdao, inc announces unaudited consolidated earnings results for the third quarter and nine months ended september 30, 2019

Youdao, inc. announced unaudited consolidated earnings results for the third quarter and nine months ended september 30, 2019. for the quarter, the company reported net revenue was rmb 174,352,000 compared with rmb 345,908,000 a year ago. loss from operations was rmb 85,667,000 compared with rmb 234,742,000 a year ago. net loss was rmb 67,408,000 compared with rmb 230,676,000 a year ago. basic and diluted loss per share were rmb 0.84 compared with rmb 2.63 a year ago. for the nine months, the company reported net revenue was rmb 48,394,000 compared with rmb 894,451,000 a year ago. loss from operations was rmb 32,842,000 compared with rmb 396,888,000 a year ago. net loss was rmb 32,273,000 compared with rmb 398,570,000 a year ago. basic and diluted loss per share were rmb 0.37 compared with rmb 4.69 a year ago.
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