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.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

New Oriental Education & Technology Group

TAL Education Group

Gaotu Techedu, New Oriental Education, and TAL Education join the tech rally.

Why Chinese Education Stocks Soared on Friday

BEIJING , April 26, 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 filed with the U.S. Securities and Exchange Commission its annual report on Form 20-F for the fiscal year ended December 31, 2021. The annual report on Form 20-F is available on the Company's investor relations website at https://ir.gaotu.cn/.

Gaotu Files 2021 Annual Report on Form 20-F

Bilibili

iQIYI

After a brief respite, the Chinese stock selling spree resumes.

Why Gaotu Techedu, iQIYI, and Bilibili Stocks Dropped Friday

Shares of several Chinese stocks, including TAL Education Group (NYSE TAL), New Oriental Education & Tech Grp (NYSE: EDU) and Gaotu Techedu Inc (NYSE GOTU), are trading higher on continued volatility. Last week's news of China's financial stability and development committee.

Here's Why TAL Education, New Oriental Education And Gaotu Techedu Shares Are Rising

Astra Space

Ideanomics Inc

Here re three penny stocks to add to your late March watchlist The post Are These 3 Penny Stocks Worth Buying in Late March 2022? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Are These 3 Penny Stocks Worth Buying in Late March 2022?

China just noticed its stock market is burning down -- and moved to put out the fire.

Why Chinese Education Stocks Bounced Higher Today

Alibaba

Baidu

Invesco China Technology ETF

iShares China Large-Cap ETF

JD.com

KraneShares CSI China Internet ETF

iShares MSCI China ETF

Chinese companies listed in New York fell sharply during premarket trade on Tuesday after surging COVID-19 cases fuelled fears for the world's second-largest economy and sent mainland firms listed in Hong Kong to 2008 lows.

U.S.-listed China stocks fall on COVID surge, Russia

The SEC just reminded China investors their stocks may soon be delisted.

Why Chinese Education Stocks Keep Falling

Clover Health Investments

Document Security Systems

Here are three penny stocks to add to your watchlist right now The post 3 Hot Penny Stocks to Buy Now? Check These Small-Caps Out  appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

3 Hot Penny Stocks to Buy Now? Check These Small-Caps Out

Gaotu Techedu's (GOTU) CEO Larry Chen on Q4 2021 Results - Earnings Call Transcript

Gaotu Techedu Inc (NYSE: GOTU) shares are trading higher at $1.50 after the company reported fourth-quarter earnings results. Gaotu Techedu missed estimated earnings by 26.92%, reporting an EPS of 19 cents versus an estimate of 26 cents.

What's Going On With Gaotu Techedu Shares Today?

BEIJING, March 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 fourth quarter and fiscal year ended December 31, 2021. Fourth Quarter 2021 Highlights[1] Net revenues were RMB1,274.3 million, compared with net revenue of RMB2,211.0 million in the same period of 2020.

Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

BEIJING, Feb. 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, 2021. In July 2021, the General Office of the CPC Central Committee and the General Office of the State Council of the PRC published the "Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education.

Gaotu Techedu Announces Third Quarter of 2021 Unaudited Financial Results

BEIJING, Feb. 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 that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2021, before U.S. markets open on March 8, 2022. Gaotu's management will hold an earnings conference call on Tuesday, March 8, 2022, at 8:00 AM U.S. Eastern Time (9:00 PM on the same day, Beijing/Hong Kong Time).

Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 8, 2022

BEIJING , Feb. 16, 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 provided business updates following Beijing local government's updated regulatory requirements (the "New Regulation") that after-school tutoring services for senior high school students need to strictly follow the "Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education" published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC. In compliance with the New Regulation, the Company will cease offering tutoring services related to academic subjects to students in senior high schools before the end of February 2022 (the "Cessation").

Gaotu Techedu Provides Business Updates

Another round of China fears seemed to push the education stock lower.

Why Gaotu Techedu Stock Was Falling Today

Clear Channel Outdoor Holdings

Venator Materials

Here are three penny stocks to watch next week The post 3 Penny Stocks to Watch Under $4 Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

3 Penny Stocks to Watch Under $4 Right Now

AutoWeb

ReTo Eco-Solutions

Check these penny stocks out for your watchlist tomorrow The post Best Penny Stocks to Watch Tomorrow? Check These 3 Small-Caps Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Best Penny Stocks to Watch Tomorrow? Check These 3 Small-Caps Out

DatChat

Kosmos Energy

Can these penny stocks continue to push up this month? The post Good Penny Stocks to Buy Right Now?

Good Penny Stocks to Buy Right Now? 3 to Watch in 2022

Shares of several Chinese stocks, including TAL Education Group (NYSE: TAL), New Oriental Education & Tech Grp (NYSE: EDU) and Gaotu Techedu Inc (NYSE: GOTU), are all trading higher after the Chinese government vowed to focus on consumption recovery and reduce some income tax rates. Shares of several Chinese stocks have otherwise been under pressure amid continued COVID-19 omicron variant concerns, which have prompted travel restrictions in some nations and added to lockdown fears.

Why TAL Education, New Oriental Education And Gaotu Techedu Shares Are Rising

Yamana Gold

SeaChange International

Wondering what penny stocks trends will be in play next year? Check these three out The post Top Penny Stocks Trends For 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Top Penny Stocks Trends For 2022

New York, New York--(Newsfile Corp. - December 20, 2021) - Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Gaotu Techedu Inc.CLICK HERE FOR MORE DETAILS:https://claimyourloss.com/securities/gaotu-techedu-inc-loss-submission-form/This lawsuit is on behalf of persons and entities that purchased or otherwise acquired shares of Gaotu Techedu Inc. ("Gaotu ") (NYSE: GOTU) between March 22, 2021 and March 29, 2021. Shareholders interested in representing the class of wronged shareholders have...

Lawsuit Filed: Jakubowitz Law Pursues Claims on Behalf of Gaotu Techedu Inc. Shareholders- GOTU

Gsx Techedu Inc - ADR

New York, New York--(Newsfile Corp. - December 19, 2021) - WHY: New York, N.Y., December 19, 2021. Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU) (NYSE: GSX) between March 22, 2021 and March 29, 2021, inclusive (the "Class Period"), of the important December 20, 2021 lead plaintiff deadline.SO WHAT: If you purchased Gaotu securities during the Class Period you...

GOTU FINAL DEADLINE TOMORROW: ROSEN, A TOP RANKED LAW FIRM, Encourages Gaotu Techedu Inc. f/k/a GSX Techedu Inc. Investors to Secure Counsel Before Tomorrow's Important Deadline in Securities Class Action - GOTU, GSX

Alzamend Neuro

Sphere 3D

Can penny stocks continue to show momentum next year? The post Here's 3 Top Penny Stocks For Your January Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Here's 3 Top Penny Stocks For Your January Watchlist

New York, New York--(Newsfile Corp. - December 19, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Gaotu Techedu Inc. ("Gaotu") (NYSE: GOTU).Class Period: March 22, 2021 through March 29, 2021Lead Plaintiff Deadline: December 20, 2021No obligation or cost to you.Learn more about your recoverable losses in GOTU:https://www.kleinstocklaw.com/pslra-1/gaotu-techedu-inc-loss-submission-formCLASS ACTION CASE DETAILS: According to the complaint, Goldman Sachs Group Inc. and Morgan Stanley knew...

GOTU SHAREHOLDERS: The Klein Law Firm Reminds Investors of a Lead Plaintiff Deadline of December 20, 2021 in the Class Action Lawsuit Filed on Behalf of Gaotu Techedu Inc. Shareholders

News for GSX Techedu Inc. Stock (GOTU)