NetEase Rides Mobile Games Surge To Q1 Earnings Beat

By | May 14, 2015

Scalper1 News

China-based online gaming company NetEase (NTES) beat on revenue and earnings in Q1, super-charged by sales of mobile video games as the company expands its global reach. NetEase stock was up 7.1% to 139.20 in afternoon trading in the stock market today, hitting a record high intraday. NetEase stock has gained 40% so far in 2015. NetEase earned $1.74 a share excluding various items, up 26% year over year, and beating the $1.40 EPS ex items that Scalper1 News

Scalper1 News