GSX Techedu Inc.

Gaotu Techedu, Inc. is a technology-driven education company. Its core expertise is in online K-12 courses, and online K-12 large-class after-school tutoring service provider in China. The company's K-12 courses cover all primary and secondary grades. It also offers foreign language, professional and interest courses. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

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GSX Techedu reports robust Q4 earnings and eyes strategic growth

GSX Techedu Inc. delivered strong financial results in Q4 2022, showcasing revenue growth, improved profitability, and enhanced cash reserves.
The company's focus on operational efficiency, talent development, and new business initiatives positions it well for future growth and market expansion.
While facing challenges in a competitive landscape, GSX Techedu has opportunities to capitalize on its strengths and drive sustainable growth in the education technology sector.

Gaotu Techedu Inc. reports robust Q1 earnings and eyes growth opportunities

Gaotu Techedu Inc. delivered strong financial results in Q1 2023, driven by revenue and gross billing growth, operational efficiency, and profitability.
The company's strategic focus on learning services, digital products, and innovative customer acquisition channels positions it well for future success.
While facing challenges in a competitive landscape, Gaotu has opportunities for revenue expansion, margin improvement, and market differentiation.

Gaotu Techedu reports strong Q2 earnings, eyes growth through innovation

Gaotu Techedu Inc. delivered robust financial results in Q2 2023, driven by revenue growth, gross billing expansion, and positive cash flow generation.
The company's strategic focus on innovation, talent investment, and leveraging AI underscores its commitment to enhancing educational offerings and market competitiveness.
While facing challenges in a competitive landscape, Gaotu's proactive approach to evolving market trends and customer needs positions it well to seize growth opportunities.

Gaotu Techedu reports strong Q3 growth and focuses on future expansion

Gaotu Techedu's Q3 2023 performance demonstrated solid growth in revenue and gross billings, supported by effective financial management strategies.
The company's emphasis on customer acquisition, talent development, and shareholder value bodes well for future sustainability and growth.
Challenges in optimizing expenses and managing competition need to be addressed, while opportunities exist in expanding market share and enhancing operational efficiency.

GSX Techedu Inc. reports robust Q4 performance and optimistic 2024 outlook

GSX Techedu Inc. delivered strong financial results in Q4 2023, showcasing growth in revenue and billing, supported by a robust financial foundation. The company's strategic focus on educational products and customer acquisition channels positions it well for future growth, despite potential challenges in execution and maintaining margins.

GaoTu reports strong Q1 revenue growth amidst rising expenses

GaoTu's Q1 2024 performance reflects robust revenue growth and strategic investments in educational offerings.
While facing escalating operating expenses and net losses, GaoTu maintains a strong financial position with ample cash reserves.
Future opportunities lie in revenue expansion, product diversification, and leveraging cash reserves for sustained growth.

GSX Techedu Inc. reports robust Q2 performance amidst operational challenges

GSX Techedu Inc. delivered strong financial results in Q2 2024, showcasing revenue growth and solid cash reserves, while facing challenges with operational losses.
The company's strategic focus on partnerships, talent recruitment, and shareholder value enhancement highlights a commitment to long-term success.
Opportunities lie in revenue growth projections for Q3 2024, improvements in operational efficiency, and strategic initiatives to drive market expansion and profitability.

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Gaotu Techedu, Inc. is a technology-driven education company. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

Gsx Techedu Inc - ADR

NEW YORK , Dec. 30, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX) between March 5, 2021 and July 23, 2021, both dates inclusive (the "Class Period"). A class action has already been filed.

ROSEN, A TOP RANKED LAW FIRM, Encourages Gaotu Techedu Inc. f/k/a GSX Techedu Inc. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in First Filed Securities Class Action Initiated by the Firm - GOTU, GSX

NEW YORK--( BUSINESS WIRE )--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX) between March 5, 2021 and July 23, 2021, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Gaotu investors under the federal securities laws.

EQUITY ALERT: Rosen Law Firm Files Securities Class Action Lawsuit Against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. – GOTU, GSX

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Chinese education stocks are on the rise Friday despite a lack of news specifically related to these companies. Instead, it looks like Chinese education stocks are continuing their recent upward momentum as investors react to loosening Covid-19 restrictions in the country.

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Gaotu Techedu Inc. (NYSE:GOTU ) Q3 2022 Results Conference Call November 22, 2022 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Mark Li - Citi Operator Good day ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc., Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Gaotu Techedu Inc. (GOTU) Q3 2022 Earnings Call Transcript

BEIJING , Nov. 22, 2022 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 Highlights[1] Net revenues were RMB606.2 million, compared with net revenues of RMB1,114.9 million in the same period of 2021.

Gaotu Techedu Announces Third Quarter of 2022 Unaudited Financial Results and a Share Repurchase Program

BEIJING , Nov. 18, 2022 Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that the Company has received a letter from the New York Stock Exchange (the "NYSE") dated November 16, 2022, notifying that the Company is below compliance standards due to the trading price of its American depositary shares (the "ADSs"). Pursuant to NYSE continued listing standards, a Company is considered "below criteria" for average closing price of a security is less than $1.00 over a consecutive 30 trading-day period.

Gaotu Techedu Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price

BEIJING , Nov. 8, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its third quarter 2022 financial results ended September 30, 2022, before U.S. markets open on Tuesday, November 22, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, November 22, 2022 (9:00 PM on Tuesday, November 22, 2022, Beijing/Hong Kong Time).

Gaotu Techedu to Report Third Quarter 2022 Financial Results on November 22, 2022

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Gaotu Techedu, Inc. (NYSE:GOTU ) Q2 2022 Earnings Conference Call September 8, 2022 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman & CEO Nan Shen - CFO Conference Call Participants Mark Li - Citigroup Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions].

Gaotu Techedu, Inc. (GOTU) Q2 2022 Earnings Call Transcript

BEIJING , Sept. 8, 2022 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2022.

Gaotu Techedu Announces Second Quarter of 2022 Unaudited Financial Results

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BEIJING , Aug. 25, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its second quarter 2022 financial results ended June 30, 2022, before U.S. markets open on Thursday, September 8, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, September 8, 2022 (8:00 PM on Thursday, September 8, 2022, Beijing/Hong Kong Time).

Gaotu Techedu to Report Second Quarter 2022 Financial Results on September 8, 2022

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Investors have renewed hope that these education companies still have growth potential.

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A solid earnings report helped lift the Chinese tutoring stock.

Why Gaotu Techedu Was Climbing Today

Gaotu Techedu Inc (NASDAQ: GOTU) shares are trading higher by 15.53% at $1.52 after the company announced first-quarter earnings results. Gaotu Techedu reported first-quarter EPS of 6 cents.

Why Gaotu Techedu Shares Are Rising Today

Gaotu Techedu Inc. (NYSE:GOTU ) Q1 2022 Earnings Conference Call June 6, 2022 8:00 AM ET Company Participants Sherry Liu - Manager of IR Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Mark Li - Citi Operator Ladies and gentlemen, thank you for standing by and welcome to the Gaotu Techedu Inc. First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Gaotu Techedu Inc. (GOTU) CEO Larry Chen on Q1 2022 Results - Earnings Call Transcript

Gaotu Techedu Inc (NYSE: GOTU) reported a first-quarter FY22 sales decline of 62.7% year-on-year, to RMB724.6 million ($114.305 million), beating the consensus of $82.4 million. The revenue decrease was driven by the company's organizational adjustments and business.

Read How Gaotu Techedu Fared In Q1

BEIJING , June 6, 2022 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2022. First Quarter 2022 Highlights[1] Net revenues were RMB724.6 million, compared with net revenues of RMB1,940.3 million in the same period of 2021.

Gaotu Techedu Announces First Quarter of 2022 Unaudited Financial Results

BEIJING , May 23, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its first quarter 2022 financial results ended March 31, 2022, before U.S. markets open on Monday, June 6, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, June 6, 2022 (8:00 PM on Monday, June 6, 2022, Beijing/Hong Kong Time).

Gaotu Techedu to Report First Quarter 2022 Financial Results on June 6, 2022

Shares of Chinese companies, including Gaotu Techedu Inc (NYSE: GOTU), are trading higher on hopes Chinese regulators will ease their crackdown on tech and internet companies. Strength comes ahead of an expected joint regulatory meeting, which reportedly could occur this weekend.

News for GSX Techedu Inc. Stock (GOTU)