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NetEase announced earnings per share of 6.24 on revenue of 20.52B. Analysts polled by Investing.com anticipated EPS of 6.16 on revenue of 20.65B.
NetEase shares are down 6.42% from the beginning of the year, still down 33.28% from its 52 week high of 134.33 set on February 11. They are under-performing the Nasdaq which is up 18.45% from the start of the year.
NetEase’s report follows an earnings beat by NVIDIA on August 18, who reported EPS of 1.04 on revenue of 6.51B, compared to forecasts EPS of 1.02 on revenue of 6.33B.
Salesforce.com had beat expectations on August 25 with second quarter EPS of 1.48 on revenue of 6.34B, compared to forecast for EPS of 0.9246 on revenue of 6.24B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
