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2022-06-06

From heaven to the hell

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

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 RMB0.36 And RMB0.35, Respectively, In Q1 Of 2022.Qtrly Net Loss Per Ads RMB0.21.Sees Total Net Revenues For Q2 Of 2022 Between RMB438 Million And RMB458 Million.

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

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