Youdao: Operating Profitability Inflection Point Is In Sight
DAO's operating loss and net loss narrowed significantly on a YoY basis in Q2 2024. Youdao is well-positioned to record positive operating profit for 2H 2024 and the full-year, considering seasonality effects, the restructuring of non-core operations, and the optimization of marketing costs with AI. The stock is deserving of a higher P/S multiple and a Buy rating, taking into account the prospects of the company hitting an operating profitability inflection point this year.
Youdao, Inc. (DAO) Q3 2024 Earnings Call Transcript
Youdao, Inc. (NYSE:DAO ) Q2 2024 Earnings Conference Call August 22, 2024 6:00 AM ET Company Participants Jeffrey Wang - Investor Relations Director Feng Zhou - Chief Executive Officer Peng Su - Vice President, Strategy and Capital Markets Lei Jin - President Wayne Li - Vice President, Finance Conference Call Participants Brian Gong - Citi Thomas Chong - Jefferies Howard Ton - Macquarie Bo Zhang - Huatai Securities Crystal Li - China Merchant Securities Operator Good day and welcome to the Youdao 2024 Second Quarter Earnings Conference Call. Today's conference is being recorded.
5 Penny Stocks Wall Street See 50% Upside
Wouldn't it be great to invest $10,000 today and have that turn into $15,000 within a year?
Youdao, Inc. (DAO) Q1 2024 Earnings Call Transcript
Youdao, Inc. (NYSE:DAO ) Q1 2024 Results Conference Call May 23, 2024 6:00 AM ET Company Participants Jeffrey Wang - Director, Investor Relations Feng Zhou - Chief Executive Officer Lei Jin - President Peng Su - Vice President, Strategies and Capital Markets Wayne Li - VP of Finance & Senior Financial Controller Conference Call Participants Brian Gong - Citigroup Caini Wang - CICC Thomas Chong - Jefferies Bo Zhang - Huatai Securities Ya Jiang - CITIC Linda Huang - Macquarie Operator Good day, and welcome to the Youdao 2024 First Quarter Earnings Conference Call. Today's conference is being recorded.
HackaTRON Season 6 Submission Period Concludes with Notable Achievements
GENEVA, SWITZERLAND / ACCESSWIRE / May 20, 2024 /TRON DAO proudly announces the completion of HackaTRON Season 6, a monumental season with a record 962 participants, co-hosted with HTX DAO, BitTorrent Chain, and JustLend DAO. This event not only showcased innovative blockchain projects but also highlighted the profound capabilities of the TRON network.Diverse Sponsorship and Expert JudgementThis season's success was bolstered by a distinguished array of sponsors and expert judges, each bringing unique value and insight:Diamond Sponsors:Ankr - Specializing in decentralized infrastructure services for DApp development, Ankr supports the seamless integration and deployment of blockchain applications. Representing Ankr on the judging panel is:Ryan Fang, Co-Founder and COO: With a background in top-tier investment banking, Ryan is the co-founder and COO of Ankr. He brings extensive financial and operational expertise to the blockchain space, focusing on innovations in Web3 and NFT sectors.ChainGPT - Merges AI with blockchain to enhance Web3's accessibility. Judges from ChainGPT including:Ilan Rakhmanov, Founder & CEO: Known for his innovative approach to blending technology and business.Sharon Sciammas, CMO: Brings extensive tech marketing expertise.Max Martinez, Advisor: Provides invaluable insights into AI, FinTech, Blockchain, and Web3 innovations.AI-Tech Solidius - Champions eco-friendly computing and links AI with blockchain, promoting sustainable tech development. Judges from AI-Tech Solidius include:Paul Farhi, Founder & CEO: Leads with a vision for integrating AI within blockchain, driving the future of decentralized technologies.Niraj Poduval, Chief of Staff, brings over 11 years of AI and data consulting experience from sectors including Public Finance Banking.Adrian Stoica, Founder and Head of Technology and Development: Provides a deep tech perspective to evaluate the technical robustness of projects.Platinum Sponsor:Kima Network - A decentralized protocol for blockchain-based money transfers, enabling interchain transactions and accessibility for any user across any blockchain. Representing Kima Network on the judging panel are:Tomer Warschauer Nuni, CMO: Brings over 20 years of digital marketing expertise, with a deep focus on blockchain and Web3 innovations. Tomer is a serial entrepreneur with notable successes and a regular contributor to Forbes and Cointelegraph.Eitan Katz, CEO: With over 25 years of executive experience at tech giants like HP and BMC, Eitan is an early adopter of cryptocurrencies and was a founding member of Aegis, the first MPC-based bitcoin wallet.Gold Sponsor:GT-Protocol - Spearheading innovation in decentralized finance (DeFi), GT-Protocol offers a comprehensive suite of tools designed to enhance efficiency and transparency within the sector. GT-Protocol contributes their expertise to the competition through:Balaban Vladyslav, Co-founder: An avid blockchain advocate, investor, and entrepreneur with a futuristic vision. Balaban's leadership at GT-Protocol underscores his dedication to revolutionizing the DeFi landscape.Silver Sponsor:Router Protocol - Focused on cross-chain interoperability, Router Protocol empowers blockchain interactions and development through its innovative products. Joining the judges from Router Protocol is:Priyeshu Garg, Head of Marketing and Developer Relations: With a background in engineering and journalism, Priyeshu has been at the forefront of developing top-tier Web3 products since 2018, bringing a unique blend of technical expertise and market insights to the competition.Celebrating Industry ExpertsOur partners' diverse expertise significantly enhanced the integrity and innovation of HackaTRON Season 6:Huawei Cloud: Represented by Bian Wenchao, who is spearheading the charge towards a vibrant Web3 ecosystem.Blockchain.com: Matt Arney leads business development, bringing a dynamic approach to fostering startup growth within the blockchain space.ChainSecurity: Pietro Carta, a Blockchain Security Engineer, known for identifying and mitigating critical vulnerabilities.ChainAnalysis: Pablo Navarro, combines his Web3 experience with offensive security to enhance blockchain safety.Nansen: Edward Wilson, Social Media Manager, offers insights into on-chain data and DeFi from a user experience perspective.Into The Block: Nicolas Contasti, Head of Sales & Business Development, shares his experience from transforming the financial services industry.CryptoQuant: Ben Sizelove, Senior Data Consultant, provides top-notch on-chain and market data analytics.CryptoRank: Sergei Zubakov, a chief analyst with expertise in the DeFi sector, adds analytical prowess to the event.Arkham: Alexander Lerangis focuses on leading Arkham's partnerships, branding, and growth initiatives.A Successful Wrap-Up and Future OutlookThe HackaTRON provided a platform for extensive networking and strategic collaborations, setting the stage for future innovations. With the judging phase set to commence, the contributions of the esteemed judges will be crucial in selecting the winners, who will be announced on May 30. These winners will receive 30% of the prize pool immediately, with the remaining awarded upon successful deployment on the TRON mainnet, reflecting TRON DAO's commitment to supporting practical blockchain applications.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 205.11 million total user accounts on the blockchain, more than 6.96 billion total transactions, and over $20.43 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government's endorsement to issue Dominica Coin ("DMC"), a blockchain-based fan token to help promote Dominica's global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork |TRONDAO |Twitter |YouTube |Telegram | Discord |Reddit |GitHub |Medium |ForumMedia ContactHayward [email protected] DetailsHayward [email protected] WebsiteClick Here TRON DAO
Token Terminal and Messari Release Research Reports on TRON Network For Q1 of 2024
GENEVA, SWITZERLAND / ACCESSWIRE / May 20, 2024 / Recent detailed analyses by Token Terminal and Messari have provided an in-depth review of the TRON network's activity during the first quarter of 2024, emphasizing its competitive positioning and expansive growth within the blockchain sector.Token Terminal AnalysisToken Terminal's comprehensive report offers crucial insights into key data points and metrics of the TRON networks, setting it apart from comparable blockchain networks:Daily Transaction Fees: TRON leads with $4.4 million in daily transaction fees, significantly higher than its peers, highlighting the network's robust activity and utility.Daily Active Users: Averaging 1.6 million daily active users across Q1, TRON is a leading blockchain for user activity, demonstrating a vibrant and engaged user base that supports continuous network growth.Transaction Volume and Efficiency: TRON's high transaction volume and operational efficiency underscore its strong infrastructure, which is optimized to handle extensive activity without compromising speed or cost.Messari's Comprehensive InsightsMessari's report showcases key areas of TRON's growth and strategic advancements:Revenue and Market Expansion: With a 15% increase in market cap and record Q1 revenue of $128.1 million, TRON has solidified its place among the top revenue-generating blockchain networks.DeFi and Stablecoin Sector Growth: TRON's DeFi sector saw a 25% increase in TVL, while its stablecoin market cap, dominated by USDT, grew by 8%, further anchoring its pivotal role in the global stablecoin market.Layer-2 Development for Bitcoin: The TRON DAO's introduction of a Layer-2 solution for Bitcoin marks a pivotal development, aiming to integrate the TRON network, BitTorrent Chain, and Bitcoin networks to boost scalability and functionality.Further InsightsBoth reports highlight TRON's resilience and strategic adaptability. Messari notes the network's deflationary token model as a key factor in its economic stability. Token Terminal's analysis of TRON's transactional efficiency and user engagement sheds light on its capacity for sustaining growth and increasing adoption.For a more granular look at TRON's performance metrics and strategic initiatives, the full reports can be accessed through Token Terminal and Messari's platforms. Keep up with TRON DAO for the latest updates and developments as we continue to push the boundaries of decentralization and blockchain innovation worldwide.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2024, it has over 230.22 million total user accounts on the blockchain, more than 7.64 billion total transactions, and over $22.12 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government's endorsement to issue Dominica Coin ("DMC"), a blockchain-based fan token to help promote Dominica's global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork |TRONDAO |Twitter |YouTube |Telegram | Discord |Reddit |GitHub |Medium |ForumMedia ContactHayward [email protected] DetailsHayward [email protected] WebsiteClick Here TRON DAO
