Shanghai, China – Youdao, Inc. (NYSE: DAO) recently held its Q3 2024 Results Conference Call on November 14, 2024, at 5:00 AM ET. The conference call included key company participants such as Jeffrey Wang, Investor Relations Director, Dr. Feng Zhou, Chief Executive Officer, Lei Jin, President, Peng Su, Vice President of Strategy and Capital Markets, and Wayne Li, Vice President of Finance. Various participants from notable firms like Citigroup, Jefferies, and CICC also joined the call.

During the conference call, Mr. Jeffrey Wang, the Investor Relations Director of Youdao, emphasized the company’s forward-looking statements regarding its future performance and compliance with the U.S. Private Securities Litigation Reform Act. These statements, while not guarantees, highlight the company’s acknowledgment of risks and uncertainties that could impact its results. Youdao’s discussion of non-GAAP financial measures aimed to provide enhanced insights for comparison purposes.

It was highlighted that the company’s management will delve into risk factors that could influence Youdao’s business and financial outcomes, as disclosed in specific filings with the U.S. Securities and Exchange Commission. The emphasis on non-GAAP financial measures for comparison purposes indicates the company’s commitment to transparency and providing a comprehensive overview of its financial performance.

Throughout the call, participants were reminded that the discussions were being recorded and that a webcast replay of the conference call would be available for further reference. The overall tone of the call suggested a proactive approach by Youdao in ensuring clarity and transparency in its financial reporting practices, underpinned by a commitment to complying with regulatory requirements. The engagement with various conference call participants from leading firms also underscored the significance of Youdao’s performance in the market.