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LEEPK
2021-09-22

Gaotu Techedu EPS misses by $0.26, misses on revenue

Gaotu Techedu Inc.: Q2 Non-GAAP EPS of -$0.45misses by $0.26; GAAP EPS of -$0.55. Revenue of $345.73

Gaotu Techedu EPS misses by $0.26, misses on revenue

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GAAP EPS of -$0.55.\nRevenue of $345.73","content":"<p><b><a href=\"https://laohu8.com/S/GOTU\">Gaotu Techedu Inc.</a></b>: Q2 Non-GAAP EPS of -$0.45misses by $0.26; GAAP EPS of -$0.55.</p>\n<p>Revenue of $345.73M (+48.0% Y/Y)misses by $0.9M.</p>\n<p>Gross billings increased 12.2% Y/Y to&nbsp;~RMB2.69B.</p>\n<p>Paid course enrollments was up 4.1% to 1,631 thousand.</p>\n<p>As of June 30, company had cash and cash equivalents, short-term investments and long-term investments of ~RMB5.49B.</p>\n<p>\"Due to the uncertainty related to the recent regulatory and operating environment, the Company has decided not to issue guidance in the near term in order to give the management more flexibility to focus on the Company's operations\".</p>\n<p>Gaotu&nbsp;is&nbsp;up&nbsp;0.81%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/56df2266ea538b4327a98258d2db1585\" tg-width=\"988\" tg-height=\"568\" width=\"100%\" height=\"auto\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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GAAP EPS of -$0.55.\nRevenue of $345.73M (+48.0% Y/Y)misses by $0.9M.\nGross billings increased 12.2% Y/Y to ~RMB2.69B.\nPaid course ...</p>\n\n<a href=\"https://seekingalpha.com/news/3742100-gaotu-techedu-eps-misses-0_26-misses-on-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOTU":"高途"},"source_url":"https://seekingalpha.com/news/3742100-gaotu-techedu-eps-misses-0_26-misses-on-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110151742","content_text":"Gaotu Techedu Inc.: Q2 Non-GAAP EPS of -$0.45misses by $0.26; GAAP EPS of -$0.55.\nRevenue of $345.73M (+48.0% Y/Y)misses by $0.9M.\nGross billings increased 12.2% Y/Y to ~RMB2.69B.\nPaid course enrollments was up 4.1% to 1,631 thousand.\nAs of June 30, company had cash and cash equivalents, short-term investments and long-term investments of ~RMB5.49B.\n\"Due to the uncertainty related to the recent regulatory and operating environment, the Company has decided not to issue guidance in the near term in order to give the management more flexibility to focus on the Company's operations\".\nGaotu is up 0.81% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}