Youdao Reports Modest Q1 Revenue Growth and Maintains Operating Profitability
Youdao (NYSE:DAO) reported a modest increase in first-quarter revenue to RMB 1.3 billion, up 3.8% year over year, while maintaining operating profitability for the seventh consecutive quarter. The company highlighted AI as its main growth driver and noted strong performance from learning services and advertising segments.
Topics: ai_products learning_services operating_profit revenue smart_devices