NetEase Q4 Tops Views, Spurred By E-Commerce, Mobile

By | February 10, 2015

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Shares of Chinese gaming and Internet company NetEase (NTES) rose Tuesday after the company late Monday reported Q4 earnings and revenue that topped Wall Street expectations, as mobile gaming, e-commerce and ad sales gained steam. NetEase’ Q4 revenue jumped 42.5% year-over-year to $593.7 million. The Beijing-based Web portal said earnings per American depositary share excluding items was $1.56, up 2%. Analysts surveyed by Thomson Reuters were Scalper1 News

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