Benzinga | Nov 19, 2020 07:37AM EST

Youdao Earlier Reported Q3 EPS $(1.14) Beats $(1.18) Estimate, Sales $131.97M Beat $126.35M Estimate

Youdao (NYSE:DAO) reported quarterly losses of $(1.14) per share which beat the analyst consensus estimate of $(1.18) by 3.39 percent. This is a 216.67 percent decrease over losses of $(0.36) per share from the same period last year. The company reported quarterly sales of $131.97 million which beat the analyst consensus estimate of $126.35 million by 4.45 percent. This is a 172.71 percent increase over sales of $48.39 million the same period last year.