Gaotu Techedu Says Q1 Revenue Fell 62.7% TO RMB 724.6 mln

Reuters2022-06-06

Gaotu Techedu Announces First Quarter Of 2022 Unaudited Financial Results.

Q1 Revenue Fell 62.7 Percent To RMB 724.6 Million.

Non-Gaap Basic And Diluted Net Income Per Ads, Were RMB 0.36 And RMB 0.35, Respectively, In Q1 Of 2022.Qtrly Net Loss Per Ads RMB 0.21.

Sees Total Net Revenues For Q2 Of 2022 Between RMB 438 Million And RMB 458 Million.

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