HANGZHOU, China (AP) — HANGZHOU, China (AP) — NetEase Inc. (NTES) on Thursday reported net income of $983.6 million in its first quarter.

On a per-share basis, the Hangzhou, China-based company said it had profit of $1.51. Earnings, adjusted for stock option expense, came to $1.69 per share.

The internet technology company posted revenue of $3.65 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NTES at https://www.zacks.com/ap/NTES

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News