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This announcement consists of translations of specified RMB quantities into U.S. pounds ("US$") at specified prices only for your usefulness of the reader. Except otherwise mentioned,all translations from RMB to US$ were created at the speed of RMB7.

The increase was predominantly attributable to the enhanced gross margin profile of general performance-dependent ads by third get-togethers' Web Homes when compared Together with the exact duration of final year.

"Our profitability considerably improved during the third quarter,marked by record-high income from functions and very first-ever third-quarter earnings from operations. In our services and products,we leveraged our robust LLM (Large Language Product) capabilities to enhance our Youdao Lingshi Intelligent Mastering Method,additional improving the individualized options and elevating the user practical experience.

The corporation might also make written or oral ahead-on the lookout statements in its stories filed with,or furnished to,the U.S. Securities and Trade Fee,in its yearly stories to shareholders,in push releases and various written supplies As well as in oral statements produced by its officers,administrators or staff to third parties. Additional info pertaining to these types of pitfalls,uncertainties or factors is A part of the corporate's filings With all the SEC. The announced results in the 3rd quarter of 2024 are preliminary and matter to adjustments. All facts furnished In this particular push launch is as with the date of the push release,and the Company won't undertake any duty to update this sort of information and facts,apart from as necessary below relevant regulation.

The accompanying table has a lot more particulars about the reconciliation in between our GAAP economic actions which have been typically instantly similar to non-GAAP fiscal actions. Youdao encourages you to assessment its economic information in its entirety instead of depend on just one economical evaluate.

Shareholders and Advertisements holders may perhaps entry the corporate's once-a-year report on the business's investor relations Web-site at as well as the SEC's Web page at . The corporate will supply a difficult copy of its annual report that contains the audited consolidated financial statements,cost-free,to its shareholders and ADS holders upon ask for. Requests needs to be directed to the Company by emailing Investor Relations at [email protected].

Youdao,Inc. (NYSE: DAO) is surely an smart Mastering firm with sector-leading know-how in China dedicated to developing and using systems to offer Understanding articles,apps and remedies to customers of all ages. Setting up on the recognition of its on-line know-how equipment for instance Youdao Dictionary and Youdao Translation,Youdao now gives sensible equipment,STEAM courses,adult and vocational classes,and education digitalization remedies.

The corporate may additionally make created or oral forward-on the lookout statements in its experiences filed with,or furnished to,the U.S. Securities and Trade Commission,in its annual reports to shareholders,in press releases as well as other prepared resources and in oral statements made by its officers,administrators or workers to third get-togethers. Further more information and facts regarding these types of pitfalls,uncertainties or aspects is included in the corporation's filings Along with the SEC. The announced benefits of the 3rd quarter of 2024 are preliminary and youdao subject to changes. All data presented in this push release is as in the day of the push release,and the organization will not undertake any responsibility to update these kinds of data,except as necessary below applicable regulation.

The rise was mainly attributable for the enhanced gross margin profile of efficiency-centered adverts through third functions' Online Homes in comparison with the exact period of very last year.

Youdao,Inc. (NYSE: DAO) can be an clever learning firm with field-foremost technologies in China devoted to producing and utilizing systems to offer learning material,purposes and remedies to people of any age. Constructing on the recognition of its on-line know-how applications such as Youdao Dictionary and Youdao Translation,Youdao now provides intelligent units,STEAM programs,Grownup and vocational programs,and training digitalization alternatives.

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The presentation of non-GAAP monetary measures isn't meant to be considered in isolation or as a substitute for that money information and facts ready and introduced in accordance with accounting concepts typically accepted in America of The united states ("U.S. GAAP").

"Hunting in advance,we have been committed to the ongoing implementation of our LLM,Ziyue,to reinforce user knowledge and build better benefit by electronic content material solutions,AI-pushed subscription solutions and sensible units.