NetEase, Inc. (NTES) reported a slight revenue decline in its fiscal third quarter, but earnings beat analyst expectations. The company’s gaming segment saw a dip, while Youdao and Cloud Music showed growth. NetEase also launched new titles and saw strong performance from existing games like Naraka: Bladepoint and Racing Master. Despite positive financial results, the company faces challenges with regulatory scrutiny and a slumping U.S.-listed Chinese stock market.