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Gaotu(GOTU) - 2023 Q4 - Annual Report
2024-02-26 16:00
Exhibit 99.1 Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results Beijing, China, February 27, 2024 —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, 2023. Fourth Quarter 2023 Highlights[1] • Net revenues were RMB761.0 million, increased by 20.9% from RMB629.6 mi ...
Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 27, 2024
PRNewsWire· 2024-02-05 06:00
BEIJING, Feb. 5, 2024 /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 financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023, before U.S. markets open on Tuesday, February 27, 2024.Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, February 27, 2024 (9:00 PM on the sam ...
美股异动 | 中概教育股走高 高途(GOTU.US)涨近7%
智通财经· 2024-01-04 15:10
智通财经APP获悉,周四,中概教育股走高,截至发稿,好未来(TAL.US)涨超2%,新东方(EDU.US)涨超4%,高途(GOTU.US)涨近7%。消息面上,花旗集团将高途的评级从“卖出”上调至“买入”。花旗集团(Citigroup)在给客户的一份报告中表示,高途最近的收视率激增,是来自于竞争对手的东方甄选内部事件,但这给高途科技带来了“显著但短暂的参与度提升”,这可能会转化为比之前略高的GMV。此外,在该公司最新的收益发布中,最近一个季度的总账单增长了5.3%,这使得净收入比去年同期增长了30.2%。花旗将高途的目标价上调了80%以上,至4.5美元,较周二收盘价有37%的溢价。 ...
Why NetEase, Huya, and Gaotu Techedu Stocks All Dropped Today
The Motley Fool· 2023-12-22 13:09
As the trading week winds down on Friday and heads into the holidays, there's big trouble brewing in China's big tech sector. Shares of online gaming company NetEase (NTES -15.18%) crashed 15% through noon today, while Huya (HUYA -10.19%), a specialist in livestreaming of online games, fell 10.7% in response to rumored regulations coming down from the Chinese government.Gaotu Techedu (GOTU -8.33%), which isn't a gaming company at all but rather a for-profit educator, seemed to fall in sympathy with its gami ...
Gaotu(GOTU) - 2023 Q3 - Earnings Call Transcript
2023-11-22 14:39
Gaotu Techedu Inc. (NYSE:GOTU) Q3 2023 Earnings Conference Call November 22, 2023 8:00 AM ET Company Participants Catherine Chen - Head of Investor Relations Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Yiwen Zhang - China Renaissance Operator Hello and welcome to Gaotu Techedu Third Quarter 2023 Earnings Conference Call. All participants’ will be in listen-only mode. [Operator Instructions] After today’s presentation, there w ...
Gaotu(GOTU) - 2023 Q2 - Earnings Call Transcript
2023-08-30 15:18
Gaotu Techedu Inc. (NYSE:GOTU) Q2 2023 Earnings Conference Call August 30, 2023 8:00 AM ET Company Participants Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Yiwen Zhang - China Renaissance Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After today's presentation, there will be a question a ...
Gaotu(GOTU) - 2023 Q3 - Quarterly Report
2023-08-29 16:00
Exhibit 99.1 Gaotu Techedu Announces Second Quarter of 2023 Unaudited Financial Results Beijing, China, August 30, 2023 —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, 2023. Second Quarter 2023 Highlights[1] • Net revenues were RMB703.1 million, increased by 30.7% from RMB537.8 million in the same period of 2022. • ...
Gaotu(GOTU) - 2023 Q1 - Earnings Call Transcript
2023-05-30 14:32
Gaotu Techedu Inc. (NYSE:GOTU) Q1 2023 Earnings Conference Call May 30, 2023 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 Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu First Quarter 2023 Earnings Conference Call. After today's presentation, there will be an opportunity to ask questions. Please note, today's ev ...
Gaotu(GOTU) - 2023 Q2 - Quarterly Report
2023-05-29 16:00
Exhibit 99.1 Gaotu Techedu Announces First Quarter of 2023 Unaudited Financial Results Beijing, China, May 30, 2023 —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, 2023. First Quarter 2023 Highlights[1] • Net revenues were RMB707.3 million, compared with net revenues of RMB724.6 million in the same period of 2022. ...
Gaotu(GOTU) - 2022 Q4 - Annual Report
2023-04-17 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of April 2023 -------------- Commission File Number: 001-38923 ---------- Gaotu Techedu Inc. 5F, Gientech Building, 7 East Zone, 10 Xibeiwang East Road Haidian District, Beijing 100193 People's Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or ...