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NetEase Inc (NTES.OQ)

NTES.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

NetEase reports Q3 GAAP diluted earnings per ADS $2.86
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Netease Inc :NETEASE REPORTS THIRD QUARTER 2017 UNAUDITED FINANCIAL RESULTS.Q3 REVENUE RMB 12.5 BILLION VERSUS I/B/E/S VIEW RMB 12.56 BILLION.QTRLY ‍DILUTED EARNINGS PER ADS US $2.86​.QTRLY ‍NON-GAAP DILUTED EARNINGS PER ADS US $3.43​.‍BOARD OF DIRECTORS HAS APPROVED A DIVIDEND OF US $0.72 PER ADS FOR Q3 OF 2017​.‍BOARD OF DIRECTORS HAS APPROVED A NEW SHARE REPURCHASE PROGRAM OF UP TO US $1.0 BILLION OF COMPANY'S OUTSTANDING ADS'S​.‍NETEASE PLANS TO FUND REPURCHASES MADE UNDER PROGRAM FROM AVAILABLE WORKING CAPITAL​.SAYS QTRLY ‍ GROSS PROFIT WAS RMB 5.9 BILLION (US $893.9 MILLION), AN INCREASE OF 11.5 PERCENT COMPARED WITH Q3 OF 2016​.SAYS QTRLY ‍NET REVENUES FROM ONLINE GAMES WERE RMB 8,111.7 MILLION (US $1,219.2 MILLION) FOR Q3 OF 2017, COMPARED TO RMB 6,568.0 MILLION FOR Q3 OF 2016​.  Full Article

NetEase Inc Q4 revenue RMB 12.1 billion
Wednesday, 15 Feb 2017 

NetEase Inc : NetEase Inc reports fourth quarter and fiscal year 2016 unaudited financial results . Q4 revenue RMB 12.1 billion versus I/B/E/S view RMB 10.86 billion . NetEase Inc says Q4 net revenue $1,742.6 million versus. $1,220 million . NetEase Inc says reported basic and diluted earnings per ads of $4.04 and $4.01, respectively, for Q4 of 2016 . NetEase Inc says Q4 net revenues from online games $1,290.4 million versus $849.5 million . NetEase Inc says non-GAAP basic and diluted earnings per ads were $4.34 and $4.30, respectively, for Q4 of 2016 .NetEase Inc says board of directors has approved a dividend of $1.01 per ads for Q4 of 2016.  Full Article

Netease announces confidential submission of draft registration statement by Netease media
Monday, 3 Oct 2016 

Netease Inc : Netease Inc says announces confidential submission of draft registration statement by Netease media . Number of shares proposed to be offered and sold and dollar amount proposed to be raised in proposed IPO have not yet been determined .Netease Inc says proposed IPO is expected to commence after SEC completes its review process, subject to market and other conditions.  Full Article

Blizzard Entertainment and NetEase renew operation agreement in China
Tuesday, 27 Sep 2016 

NetEase, Inc: Blizzard Entertainment and NetEase renew operation agreement in china . Agreement includes Blizzard's world of Warcraft, Starcraft II, Diablo III, Hearthstone, Heroes of Storm, Overwatch, new content for these games .Blizzard entertainment, inc. And co jointly announced extension of their collaboration in mainland china to january 2020.  Full Article

NetEase qtrly non-gaap earnings per share $0.15
Thursday, 18 Aug 2016 

NetEase Inc : Q2 revenue rmb 8.953 billion versus i/b/e/s view rmb 8.34 billion . Netease reports second quarter 2016 unaudited financial results . Q2 net revenues from online games were $968.8 million . Qtrly earnings per share, diluted $0.12 . Qtrly non-gaap earnings per share, diluted $0.15 . Net revenues for q2 of 2016 $1,347.1 million . Qtrly earnings per ads, diluted $3.10 . Non-Gaap diluted earnings per ads were $3.67 for q2 of 2016 .Q2 earnings per share view cny 17.28, revenue view cny 8.31 billion -- Thomson Reuters I/B/E/S.  Full Article

Netease posts Q1 net profit of $381.6 mln, up 94.6 pct
Friday, 13 May 2016 

Netease Inc : Net revenues from online games were RMB6,015.1 million ($932.9 million) for Q1 of 2016, 104.5 pct higher than Q1 of 2015 . Net profit for Q1 of 2016 was RMB2,460.8 billion ($381.6 million),with year over year increase of 94.6 pct . Net revenues for Q1 of 2016 were RM7,915.4 million ($1,227.6 million), up 116.3 pct compare to Q1 of 2015 .Q1 revenue $1.228 billion.  Full Article

Netease Q1 earnings per share $0.12
Thursday, 12 May 2016 

Netease Inc : Says net revenues for q1 of 2016 were us$1,227.6 million . Qtrly earnings per share $0.12 . Netease reports first quarter 2016 unaudited financial results .Q1 revenue rmb 7.915 billion versus i/b/e/s view rmb 7.85 billion.  Full Article

China video game craze drives booming e-sports market

WUHU, China/SHANGHAI, Dec 12 In an industrial park on the edge of Shanghai, a dozen Chinese teenagers are taking a break from battling digital armies to focus on their yoga.