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NetEase, Inc (NASDAQ:NTES) reported fiscal second-quarter 2024 revenue growth of 6.1% year-on-year to $3.51 billion (25.5 billion Chinese yuan), missing the analyst consensus estimate of $3.70 billion. The Chinese gaming player’s adjusted EPADS of $1.66 beat the analyst consensus estimate of $1.65. Segments and margins: Games and related value-added services revenues grew 6.7% year over year to $2.8 billion. The corresponding gross margin increased by 260 bps to 70.0%, mainly attributable to changes ...


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