NetEase: Q1 Earnings Snapshot

By The Associated Press

Posted May 18, 2021 06:10:03 AM.

Last Updated May 18, 2021 06:25:07 AM.

HANGZHOU, China (AP) _ NetEase Inc. (NTES) on Tuesday reported first-quarter profit of $677.5 million.

The Hangzhou, China-based company said it had net income of $1 per share.

The internet technology company posted revenue of $3.13 billion in the period.

NetEase shares have increased 9.5% since the beginning of the year. The stock has increased 40% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTES at https://www.zacks.com/ap/NTES

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