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NetEase's Q2 net income dropped 17%, missing expectations. Games revenue increased 6.7%, driven by Naraka: Bladepoint and Identity V. ADRs fell 11.17% post-earnings release due to disappointing profit. Total revenue was 25.5 billion yuan, slightly below analyst forecasts. CEO emphasizes innovation and global reach despite profit decline.
- NetEase's Q2 net income dropped 17%, missing expectations.
- Games revenue increased 6.7%, driven by Naraka: Bladepoint and Identity V.
- ADRs fell 11.17% post-earnings release due to disappointing profit.
- Total revenue was 25.5 billion yuan, slightly below analyst forecasts.
- CEO emphasizes innovation and global reach despite profit decline.
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