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Investing.com - NetEase reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
NetEase announced earnings per share of 7.47 on revenue of 20.52B. Analysts polled by Investing.com EPS of 6.35 on revenue of 20.13B.
NetEase 's are up 9.73% and is trading at 105.09 , still down 21.77% from its 52 week high of 134.33 set on Thursday, February 11, 2021.
NetEase shares gained 0.18% to trade at 105.09 in intra-day trade the report.
NetEase follows other major Technology sector earnings this month
NetEase's report follows an earnings beat by Apple on Wednesday, April 28, 2021, who reported EPS of 1.4 on revenue of 89.58B, EPS of 0.9864 on revenue of 77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of 1.95 on revenue of 41.71B, for EPS of 1.78 on revenue of 41.04B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar