Insight ReportNetEase (NTES.US) 2Q16 RESULTS: REVENUE AND EARNINGS BEAT; VR/AR DEVELOPMENT TO PROPEL FUTURE GROWTH Coresight Research August 22, 2016 Executive Summary NetEase, a leading online game service provider in China, reported second-quarter revenues of ¥8.95 billion, up 96% year over year and 6% ahead of the consensus estimate. Non-GAAP earnings per American Depository Share (ADS) was ¥24.41, up 103% year over year and beat the consensus estimate of ¥18.43. Online game service revenue increased 76% year over year to ¥6.44 billion and accounted for 72% of total revenues. Email, e-commerce and other services posted a revenue growth of 311%. During the earnings call, management guided the company will leverage on virtual reality (VR) and augmented reality (AR), invest in its core gaming platforms, and expand its advertising business and e-commerce platform to drive future growth. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Economic Optimism at Five-Month Low; Holiday Shopping Slows: US Consumer Survey InsightsUK Store Tracker Extra: 2025 Store Openings and Closures Review and 2026 Outlook—Data GraphicPlaybook: GenAI to Agentic AI—From Pilot to PowerhouseQuantifying Tariff Impacts: What Retail Companies Reported in 4Q25—Data Graphic
