51Talk's stock surged 5.56% in pre-market trading on Friday, following the release of its first-quarter 2026 financial results that showed significant growth across key metrics.
The online education platform reported a 70.9% year-over-year increase in net revenues to $31.2 million, driven by a 63.9% jump in active students to approximately 132,900. Gross billings grew 51.9% to $33.3 million, exceeding the high end of the company's guidance.
Investors responded positively to the narrowing of the operating loss to $1.4 million from $5.2 million in the previous quarter, as well as the company's forecast for second-quarter net gross billings of $36 million to $38 million, representing sequential growth of 8.1% to 14.1%. The company also announced plans to roll out its next-generation AI-enhanced learning product later this year.
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