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ettiRohaeti
05-21

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US-Listed Shares of Gaotu Fall 15% After Downbeat Revenue Forecast

** U.S.-listed shares of China's online education firm Gaotu Techedu slip 6.7% to $7.66 premarket after a downbeat revenue forecast ** Co's net revenue up 33.9% YoY to 946.9 million yuan; expects Q2 net revenue between 908 million yuan-928 million yuan ** Analysts were expecting Q1 revenue of 943.7 mln yuan and Q2 revenue of 1.02 bln yuan, as per LSEG estimates ** GOTU's non-GAAP net income plunge 97.7% YoY to 3.0 million yuan ** Six of eight brokerages rate the stock "buy" or higher and two "hold"; their median PT is $8.61 ** As of last close, GOTU's stock had risen 125.96% YTD

US-Listed Shares of Gaotu Fall 15% After Downbeat Revenue Forecast

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expects Q2 net revenue between 908 million yuan-928 million yuan   ** Analysts were expecting Q1 revenue of 943.7 mln yuan and Q2 revenue of 1.02 bln yuan, as per LSEG estimates   ** GOTU's non-GAAP net income plunge 97.7% YoY to 3.0 million yuan   ** Six of eight brokerages rate the stock \"buy\" or higher and two \"hold\"; their median PT is $8.61   ** As of last close, GOTU's stock had risen 125.96% YTD      ","content":"<html><head></head><body><p>** U.S.-listed shares of China&#39;s online education firm Gaotu Techedu slip 15% after a downbeat revenue forecast</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/50cea63d04e53a1c6afef7a0f53dd5e3\" tg-width=\"459\" tg-height=\"384\"/></p><p>** Co&#39;s net revenue up 33.9% YoY to 946.9 million yuan; expects Q2 net revenue between 908 million yuan-928 million yuan</p><p>** Analysts were expecting Q1 revenue of 943.7 mln yuan and Q2 revenue of 1.02 bln yuan, as per LSEG estimates</p><p>** GOTU&#39;s non-GAAP net income plunge 97.7% YoY to 3.0 million yuan</p><p>** Six of eight brokerages rate the stock &#34;buy&#34; or higher and two &#34;hold&#34;; their median PT is $8.61</p><p>** As of last close, GOTU&#39;s stock had risen 125.96% YTD</p><p>($1 = 7.2375 Chinese yuan renminbi)</p></body></html>","collect":0,"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>US-Listed Shares of Gaotu Fall 15% After Downbeat Revenue Forecast</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; 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