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Gaotu Techedu rises 18.9%
Gaotu Techedu is up 18.9%, or 72c to $4.52.
Gaotu Techedu rises 30.0%
Gaotu Techedu is up 30.0%, or 76c to $3.29.
Gaotu Techedu rises 25.7%
Gaotu Techedu is up 25.7%, or 65c to $3.18.
Gaotu Techedu reports Q4 EPS (11c)
Reports Q4 revenue $190.24M. Larry Xiangdong Chen, the company's founder, chairman and CEO, commented, "Driven by our dual pillars of strategic focus and organizational capability enhancement, we have significantly elevated the value delivered to our customers. In the fourth quarter, net revenues increased by 82.5% year-over-year to nearly RMB1.4 billion, while gross billings surged 69.0% to over RMB2.1 billion. Loss from operations narrowed by 20.6%, with operating margin improving by 13.9 percentage points, demonstrating our continued progress in profitability and tangible impact of our efficiency-driven initiatives. Our ample cash reserves, with net operating cash inflow of RMB783.6 million this quarter, provide a solid foundation for future strategic plans and long-term sustainable growth."
Gaotu Techedu rises 12.2%
Gaotu Techedu is up 12.2%, or 48c to $4.42.
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