Gaotu's Q3 GAAP EPS of -RMB 0.24, Revenue of RMB 789.4 Million

Seeking Alpha2023-11-22

Gaotu Techedu(NYSE: GOTU) Q3 GAAP EPS of -RMB0.24.Revenue of RMB789.4M (+30.2% Y/Y).Gross billings were RMB639.3 million, increased by 5.3% from RMB607.0 million in the same period of 2022.Loss from ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144214064?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-11-22 17:47","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"1144214064","market":"us","top_or_hot":-1,"title":"Gaotu's Q3 GAAP EPS of -RMB 0.24, Revenue of RMB 789.4 Million","media":"Seeking Alpha","content":"<div>\n<p>Gaotu Techedu(NYSE: GOTU) Q3 GAAP EPS of -RMB0.24.Revenue of RMB789.4M (+30.2% Y/Y).Gross billings were RMB639.3 million, increased by 5.3% from RMB607.0 million in the same period of 2022.Loss from ...</p>\n\n<a href=\"https://seekingalpha.com/news/4039407-gaotu-techedu-reports-q3-results\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gaotu's Q3 GAAP EPS of -RMB 0.24, Revenue of RMB 789.4 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGaotu's Q3 GAAP EPS of -RMB 0.24, Revenue of RMB 789.4 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-22 17:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4039407-gaotu-techedu-reports-q3-results><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Gaotu Techedu(NYSE: GOTU) Q3 GAAP EPS of -RMB0.24.Revenue of RMB789.4M (+30.2% Y/Y).Gross billings were RMB639.3 million, increased by 5.3% from RMB607.0 million in the same period of 2022.Loss from ...</p>\n\n<a href=\"https://seekingalpha.com/news/4039407-gaotu-techedu-reports-q3-results\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GOTU","symbol_name":"高途","start_time":0,"source_url":"https://seekingalpha.com/news/4039407-gaotu-techedu-reports-q3-results","article_id":"1144214064","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144214064","pubTimestamp":1700646448,"columns":[],"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Gaotu Techedu Q3 GAAP EPS of -RMB0.24.Revenue of RMB789.4M .Gross billings were RMB639.3 million, increased by 5.3% from RMB607.0 million in the same period of 2022.Loss from operations was RMB99.5 million, compared with loss from operations of RMB69.6 million in the same period of 2022.Non-GAAP loss from operations was RMB83.6 million, compared with non-GAAP loss from operations of RMB53.0 million in the same period of 2022.Net loss was RMB57.7 million, compared with net loss of RMB61.4 million","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"GOTU":"高途"},"translate_title":"高图第三季度GAAP每股收益为-人民币0.24元，收入为人民币7.894亿元","themeId":"c0d77e622a6742cf8335299f8317b4b4","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GOTU":1.1},"content_text":"Gaotu Techedu(NYSE: GOTU) Q3 GAAP EPS of -RMB0.24.Revenue of RMB789.4M (+30.2% Y/Y).Gross billings were RMB639.3 million, increased by 5.3% from RMB607.0 million in the same period of 2022.Loss from operations was RMB99.5 million, compared with loss from operations of RMB69.6 million in the same period of 2022.Non-GAAP loss from operations was RMB83.6 million, compared with non-GAAP loss from operations of RMB53.0 million in the same period of 2022.Net loss was RMB57.7 million, compared with net loss of RMB61.4 million in the same period of 2022.Non-GAAP net loss was RMB41.7 million, compared with non-GAAP net loss of RMB44.8 million in the same period of 2022.The board of directors authorized the upsizing of our existing share repurchase program to US$80 million worth of ADSs to continuously enhance long-term shareholder value.Stocks fell over 6% in premarket trading.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144214064"}