This metric is our consolidated segment operating income before our new subscriber acquisition costs and certain non-cash charges;

这个指标指的是在产生新的用户采购成本和某些非现金支出之前的总部门运营利润。

youdao

The S-1 also glosses over high customer acquisition costs and declining purchases per subscriber in established markets.

S-1 还掩盖了高顾客攫取成本和降低了初级市场的认购费用。

youdao

This is evident from lower subscriber acquisition costs as well as slower growth in subscriber retention costs.

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As these pressures build, we expect the focus on net adds to shift to retention and subscriber acquisition costs.

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During the quarter, the company reported a 5% increase in subscriber acquisition costs.

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