Youdao Reports Q1 Non-GAAP EPADS of $0.05 and Revenue Misses Estimates
Youdao (DAO) reported first-quarter non-GAAP EPADS of $0.05, with revenue at $195.4 million, missing estimates by $5.78 million. The company's gross margin declined to 44.7% from 47.3% in the same period last year.
