NetEase: Q1 Earnings Snapshot

HANGZHOU, China (AP) — HANGZHOU, China (AP) — NetEase Inc. (NTES) on Thursday reported net income of $1.06 billion in its first quarter.

On a per-share basis, the Hangzhou, China-based company said it had net income of $1.63. Earnings, adjusted for stock option expense, were $1.81 per share.

The internet technology company posted revenue of $3.72 billion in the period.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on NTES at

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