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"Hunting forward,we're devoted to the continued implementation of our LLM,Ziyue,to enhance consumer encounter and develop increased worth by means of digital content companies,AI-pushed membership products and services and intelligent equipment.
The increase was primarily attributable into the enhanced gross margin profile of overall performance-centered ads by third events' Net Attributes as opposed Together with the very same duration of past 12 months.
"Our profitability appreciably enhanced in the third quarter,marked by document-high cash flow from operations and 1st-ever 3rd-quarter earnings from functions. In our products and services,we leveraged our strong LLM (Big Language Design) abilities to update our Youdao Lingshi Intelligent Finding out System,further maximizing the personalised capabilities and elevating the consumer experience.
The Company may also make published or oral ahead-wanting statements in its reports submitted with,or furnished to,the U.S. Securities and Trade Commission,in its once-a-year reports to shareholders,in push releases as well as other prepared resources and in oral statements created by its officers,administrators or staff members to 3rd functions. Further facts with regards to such challenges,uncertainties or things is A part of the organization's filings While using the SEC. The announced final results of the 3rd quarter of 2024 are preliminary and topic to changes. All info presented Within this press release is as on the day of this press release,and the corporation does not undertake any obligation to update these types of facts,except as expected beneath relevant regulation.
Holders of file of the Company's Course A standard shares and Class B ordinary shares for the close of business enterprise within the History Date are entitled to go to the AGM and any adjournment or postponement thereof in human being. Advantageous homeowners of the corporation's ADSs may also be welcome to go to the AGM in person.
Shareholders and Adverts holders may entry the business's yearly report on the business's Trader relations Internet site at along with the SEC's website at . The business will offer a tough copy of its once-a-year report containing the audited consolidated money statements,free of charge,to its shareholders and ADS holders upon request. Requests ought to be directed to the organization by emailing Investor Relations at [email protected].
The presentation of non-GAAP monetary steps will not be meant to be regarded in isolation or as an alternative for your fiscal info prepared and presented in accordance with accounting rules normally recognized in America of The usa ("U.S. GAAP").
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In our internet marketing companies,we goal to explore new domestic prospects and extend international prospects to higher guidance consumer achievement. Financially we remain committed to prudent operations and strengthening our profitability," Dr. Zhou concluded.
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The corporation may make penned or oral forward-hunting statements in its studies submitted with,or furnished to,the U.S. Securities and Exchange Fee,in its yearly reports to shareholders,in press releases along with other written products As well as in oral statements created by its officers,administrators or personnel to third events. Statements that are not historic details,are ahead-looking statements. Forward-looking statements involve inherent hazards and uncertainties. Additional information about these types of threats,uncertainties or elements is A part of the business's filings While using the SEC. All information and facts supplied in this press release is as on the day of the push release,and the Company would not undertake any obligation to update this sort of facts,except as demanded under applicable regulation.
All resources on this site are collected on-line. The objective of sharing is for everyone's Mastering and reference only. If there is copyright or mental property infringement, you should depart us a message.
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