NetEase (NTES) reported Q2 non-GAAP earnings Thursday of 12.02 Chinese renminbi ($1.79) per diluted American depositary share, down from 14.81 renminbi a year earlier.

Analysts polled by FactSet expected 15.56 renminbi.

Net revenue for the quarter ended June 30 was 30.11 billion renminbi, compared with 27.89 billion renminbi a year earlier.

Analysts expected 29.42 billion renminbi.

The company's shares were down 5.3% in premarket activity.