NetEase (NTES) reported Q3 adjusted earnings Thursday of 11.63 Chinese renminbi ($1.66) per diluted American depositary share, down from 13.30 renminbi a year earlier.

Analysts surveyed by Capital IQ expected 12.36 renminbi.

Net revenue for the quarter ended Sept. 30 was 26.21 billion renminbi, down from 27.27 billion renminbi a year earlier.

Analysts polled by Capital IQ expected 26.88 billion renminbi.

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