RTTNews | Nov 19, 2020 03:38AM EST

03:38 Thursday, November 19, 2020 (RTTNews.com) - Netease Inc. (NTES) released earnings for third quarter that fell from last year.

The company's earnings totaled RMB2.79 billion, or RMB0.87 per share. This compares with RMB4.16 billion, or RMB1.27 per share, in last year's third quarter.

Excluding items, Netease Inc. reported adjusted earnings of RMB3.67 billion or RMB5.35 per share for the period.

The company's revenue for the quarter rose 27.5% to RMB18.66 billion from RMB14.64 billion last year.

Netease Inc. earnings at a glance:

-Earnings (Q3): RMB3.67 Bln. vs. RMB4.73 Bln. last year.-EPS (Q3): RMB5.35 vs. RMB7.26 last year.-Revenue (Q3): RMB18.66 Bln vs. RMB14.64 Bln last year.

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