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NetEase: Q4 Earnings Snapshot

HANGZHOU, China (AP) — HANGZHOU, China (AP) — NetEase Inc. (NTES) on Wednesday reported profit of $892.6 million in its fourth quarter.

The Hangzhou, China-based company said it had profit of $1.38 per share. Earnings, adjusted for stock option expense, came to $1.57 per share.

The internet technology company posted revenue of $3.94 billion in the period.

For the year, the company reported profit of $4.83 billion, or $7.50 per share. Revenue was reported as $16.11 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTES at https://www.zacks.com/ap/NTES

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updated by pwenzel 3:13pm
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