Youdao, Inc., a leading intelligent learning company with cutting-edge technology in China, has announced that it will disclose its first quarter 2024 financial results on Thursday, May 23, 2024, prior to the opening of the U.S. markets.
To delve deeper into the quarterly figures and address queries, Youdao will host an earnings teleconference call with a simultaneous webcast at 6:00 a.m. Eastern Time on the same day (6:00 p.m. Beijing/Hong Kong Time). The call will have the participation of Youdao’s management.
For those interested in joining the call, the dial-in details are as follows:
– United States (toll free): +1-888-346-8982
– International: +1-412-902-4272
– Mainland China (toll free): 400-120-1203
– Hong Kong (toll free): 800-905-945
– Hong Kong: +852-3018-4992
– Conference ID: 5374784
You can also access a live and archived webcast of the conference call on the Company’s investor relations website at http://ir.youdao.com.
Following the conclusion of the live call, a replay will be available by phone until May 30, 2024, using the following numbers:
– United States: +1-877-344-7529
– International: +1-412-317-0088
– Replay Access Code: 5374784
Youdao, Inc. is a globally recognized intelligent learning company fueled by cutting-edge technology in China. The company focuses on developing and utilizing advanced technologies to deliver learning content, applications, and solutions for users of all ages. Youdao has gained popularity through its online knowledge tools such as Youdao Dictionary and Youdao Translation and now offers smart devices, STEAM courses, adult and vocational courses, and education digitalization solutions. In addition, they have designed a variety of interactive learning apps. Established in 2006 as part of NetEase, Inc., a prominent internet technology company in China, Youdao, Inc. continues to shape the future of learning.
For more information and further details, please visit: http://ir.youdao.com.
For any investor or media inquiries, kindly reach out to the following contacts:
In China:
Jeffrey Wang
Youdao, Inc.
Tel: +86-10-8255-8163 ext. 89980
E-mail: [email protected]
Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: [email protected]
In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: [email protected]
SOURCE: Youdao, Inc.
Youdao, Inc., a leading intelligent learning company in China, has announced that it will reveal its first quarter 2024 financial results on Thursday, May 23, 2024, prior to the opening of the U.S. markets. This indicates that the company is focused on transparency and providing timely updates to investors and stakeholders.
To provide further insights and address questions related to the financial results, Youdao will host an earnings teleconference call with a simultaneous webcast at 6:00 a.m. Eastern Time on the same day (6:00 p.m. Beijing/Hong Kong Time). This demonstrates the company’s commitment to open communication and engaging with its audience.
It is worth noting that Youdao has gained recognition as a globally recognized intelligent learning company powered by cutting-edge technology in China. The company’s focus on developing and utilizing advanced technologies to deliver learning content, applications, and solutions for users of all ages showcases its dedication to providing innovative learning experiences.
Youdao offers a range of online knowledge tools, such as Youdao Dictionary and Youdao Translation, that have attracted a significant user base. Additionally, the company has expanded its offerings to include smart devices, STEAM courses, adult and vocational courses, education digitalization solutions, and interactive learning apps. This diversification of products and services allows Youdao to cater to a broader market and position itself as a comprehensive learning platform.
In terms of market trends, the education technology industry has been experiencing significant growth globally. With the increasing demand for online learning solutions and advancements in technology, companies like Youdao are well-positioned to capitalize on this trend. The COVID-19 pandemic has also accelerated the adoption of online learning platforms, further boosting the market potential for companies in the industry.
However, there are also key challenges and controversies associated with the education technology sector. One major challenge is the need for continuous innovation and staying ahead of competitors in terms of technology and content offerings. As the market becomes more saturated, companies in this space must differentiate themselves and constantly evolve to meet the changing needs and preferences of learners.
Another controversy associated with the industry is the debate surrounding the effectiveness of technology-based learning compared to traditional classroom education. Critics argue that technology can never fully replicate the benefits of face-to-face interaction with teachers and peers. Companies like Youdao must navigate these debates and address concerns to gain and maintain the trust of their users.
To access the live and archived webcast of the conference call, interested individuals can visit Youdao’s investor relations website at http://ir.youdao.com. This demonstrates the company’s commitment to providing accessibility and transparency to stakeholders.
Overall, Youdao’s announcement of its Q1 2024 financial results and the subsequent earnings teleconference call indicate the company’s proactive approach to investor relations and its efforts to keep investors informed. With its focus on utilizing advanced technologies and diversifying its product offerings, Youdao is well-positioned to capitalize on the growing demand for intelligent learning solutions.
For more information and further details, please visit: http://ir.youdao.com.
Advantages:
1. Youdao has a wide range of online knowledge tools and learning solutions, catering to users of all ages, which positions the company as a comprehensive learning platform.
2. The education technology industry is experiencing significant growth globally, presenting an opportunity for companies like Youdao to capitalize on the trend.
3. Youdao’s announcement of its Q1 2024 financial results and the subsequent earnings teleconference call demonstrate the company’s commitment to transparency and open communication with investors.
Disadvantages:
1. The education technology sector is highly competitive, requiring continuous innovation to stay ahead.
2. The effectiveness of technology-based learning compared to traditional classroom education remains a controversial topic and may impact user adoption and trust.
For more information on Youdao, Inc. and its financial results, please visit the investor relations website.