GSX Techedu Inc.

Gaotu Techedu, Inc. is a technology-driven education company. Its core expertise is in online K-12 courses, and online K-12 large-class after-school tutoring service provider in China. The company's K-12 courses cover all primary and secondary grades. It also offers foreign language, professional and interest courses. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Gaotu Techedu, Inc. is a technology-driven education company. The company was founded by Xiang Dong Chen in June 2014 and is headquartered in Beijing, China.

Gaotu Techedu Inc. (NYSE:GOTU ) Q3 2023 Earnings Conference Call November 22, 2023 8:00 AM ET Company Participants Catherine Chen - Head of Investor Relations Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Yiwen Zhang - China Renaissance Operator Hello and welcome to Gaotu Techedu Third Quarter 2023 Earnings Conference Call. All participants' will be in listen-only mode.

Gaotu Techedu Inc. (GOTU) Q3 2023 Earnings Call Transcript

BEIJING , Nov. 22, 2023 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Highlights[1] Net revenues were RMB789.4 million, increased by 30.2% from RMB606.2 million in the same period of 2022.

Gaotu Techedu Announces Third Quarter of 2023 Unaudited Financial Results and the Upsizing of Share Repurchase Program

BEIJING , Nov. 6, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the third quarter ended September 30, 2023, before U.S. markets open on Wednesday, November 22, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, November 22, 2023 (9:00 PM on the same day, Beijing/Hong Kong Time).

Gaotu Techedu to Report Third Quarter 2023 Financial Results on November 22, 2023

So-Young International Inc - ADR

BEIJING , Oct. 12, 2023 /PRNewswire/ -- So-Young International Inc. (Nasdaq: SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that Mr. Min Yu, Mr.

So-Young Announces Board Change

Gaotu Techedu has transformed into a completely new and stronger business. Its growth potential is strong after business transformation. GOTU's stock is extremely cheap given its strong cash position and growth potential.

Gaotu Techedu: Strong Growth Prospects And Lots Of Cash

Gaotu Techedu Inc. (NYSE:GOTU ) Q2 2023 Earnings Conference Call August 30, 2023 8:00 AM ET Company Participants Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Yiwen Zhang - China Renaissance Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

Gaotu Techedu Inc. (GOTU) Q2 2023 Earnings Call Transcript

BEIJING , Aug. 30, 2023 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Highlights[1] Net revenues were RMB703.1 million, increased by 30.7% from RMB537.8 million in the same period of 2022.

Gaotu Techedu Announces Second Quarter of 2023 Unaudited Financial Results

BEIJING , Aug. 8, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2023, before U.S. markets open on Wednesday, August 30, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, August 30, 2023 (8:00 PM on the same day, Beijing/Hong Kong Time).

Gaotu Techedu to Report Second Quarter 2023 Financial Results on August 30, 2023

Apple

Amgen

Ardelyx

Celsius Holdings

Coinbase

Cisco Systems

Chevron

DocGo

Diamond Offshore Drilling Inc

New Oriental Education & Technology Group

e.l.f. Beauty

Enphase Energy

Evolution Petroleum

Fluence Energy

FTC Solar

Genius Sports

Immunocore Holdings

Intel

Inter & Co Inc

JPMorgan Chase & Co

Coca-Cola

MoonLake Immunotherapeutics

Microsoft

Noble Corp PLC

Two new Breakout Stocks for Week 31 curated by the MDA model for 10% short-term upside and additional model selections. This week two of four picks gained over 10% in less than a week with peak gains in CLLS +16.8% AUTL+15.5% but the portfolio failed to hold gains. The streak of weekly picks gaining over 10% in less than a week has increased to 255 out of 322 trading weeks (79.2%) not including multiple gainers or warning signals.

August MDA Breakout Stocks Week 31 - 2023: High-Frequency Gainers To Give You An Edge

The sell-side is turning bullish on Gaotu Techedu, as evidenced by the favorable change in analysts' ratings, forecasts, and price targets. Gaotu Techedu is expected to register top line expansion and profitability improvement in the current year based on my analysis. I have lifted my investment rating for GOTU to a Buy, in view of positive analyst sentiment and a favorable business outlook for the stock.

Gaotu Techedu: Consider Analyst Sentiment And Financial Outlook

Alibaba

TAL Education Group

China's economic rebound seems to have sputtered as of late. Many investors are hopeful that the Chinese government will issue stimulus, but analysts aren't so sure there is a lot it can realistically do.

Why Shares of Alibaba, TAL Education Group, and Gaotu Techedu Are Falling Today

DingDong Cayman Ltd

RLX Technology

Investors and the Chinese government seem worried that the country's economic recovery might be stalling. Investors are also now optimistic that the Chinese government will soon roll out stimulus.

Why Shares of Dingdong, Gaotu Techedu, and RLX Technology Are Rising This Week

Gaotu Techedu Inc. (NYSE:GOTU ) Q1 2023 Earnings Conference Call May 30, 2023 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu First Quarter 2023 Earnings Conference Call. After today's presentation, there will be an opportunity to ask questions.

Gaotu Techedu Inc. (GOTU) Q1 2023 Earnings Call Transcript

BEIJING , May 30, 2023 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights[1] Net revenues were RMB707.3 million, compared with net revenues of RMB724.6 million in the same period of 2022.

Gaotu Techedu Announces First Quarter of 2023 Unaudited Financial Results

BEIJING , May 22, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2023, before U.S. markets open on Tuesday, May 30, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 30, 2023 (8:00 PM on the same day, Beijing/Hong Kong Time).

Gaotu Techedu to Report First Quarter 2023 Financial Results on May 30, 2023

Credit Suisse

PacWest Bancorp

WeWork

Community Health Systems

Lexinfintech Hlds

NerdWallet

The world's foremost artificial intelligence (AI) stock trading algorithm, An-E, predicts that seven stocks will gain 5%

7 Stocks AI Predicts Will Gain in 30 Days

Jiayin Group Inc - ADR

New Oriental Education & Technology Group reported strong earnings results earlier this week. New economic data showed that China's economy grew nicely in the first quarter of the year.

Why Shares of New Oriental Education & Technology Group, Gaotu Techedu, and Jiayin Group Are Rising This Week

According to "local Chinese papers," TAL Education will report bad news next month. Investors don't know what that bad news will be -- but they're not waiting around to find out.

Why Gaotu Techedu, New Oriental Education, and TAL Education Stocks Sold Off Today

Full Truck Alliance Co Ltd

Yatsen Holding

Positive economic data in China sent shares moving higher this week.

Why Shares of Full Truck Alliance, Gaotu Techedu, and Yatsen Are Rising This Week

NEW YORK--(BUSINESS WIRE)---- $GOTU #GOTU--WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (NYSE: GOTU, GSX) between March 5, 2021 and July 23, 2021, both dates inclusive (the “Class Period”), of the important February 28, 2023 lead plaintiff deadline.

GOTU FINAL DEADLINE TODAY: ROSEN, LEADING TRIAL ATTORNEYS, Encourages Gaotu Techedu Inc. f/k/a GSX Techedu Inc. Investors to Secure Counsel Before Important February 28 Deadline in Securities Class Action Initiated by the Firm – GOTU, GSX

Gaotu Techedu Inc. (NYSE:GOTU ) Q4 2022 Earnings Conference Call February 28, 2023 8:00 AM ET Company Participants Sherry Liu - IR Manager Shannon Shen - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Fourth Quarter and Fiscal Year 2022 Earnings Conference Call. All participants will be in listen-only mode.

Gaotu Techedu Inc. (GOTU) Q4 2022 Earnings Call Transcript

BEIJING , Feb. 28, 2023 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter 2022 Highlights[1] Net revenues were RMB629.6 million, compared with net revenues of RMB1,274.3 million in the same period of 2021.

Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming February 28, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (“Gaotu” or the “Company”) (NYSE: GOTU) American depository shares (“ADSs”) between March 5, 2021 and July 23, 2021, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Gaotu Techedu Inc. f/k/a GSX Techedu Inc. (GOTU)

NEW YORK , Feb. 27, 2023 /PRNewswire/ -- Attention Gaotu Techedu Inc. F/K/A Gsx Techedu Inc. ("Gaotu") (NYSE: GOTU) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Gaotu American depository shares between March 5, 2021 and July 23, 2021, inclusive.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind Gaotu Investors of a Lead Plaintiff Deadline of February 28, 2023

NEW YORK , Feb. 24, 2023 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Gaotu Techedu Inc. F/K/A Gsx Techedu Inc. (NYSE: GOTU). To receive updates on the lawsuit, fill out the form: https://claimyourloss.com/securities/gaotu-techedu-inc-f-k-a-gsx-techedu-inc-loss-submission-form/?id=36774&from=4 This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Gaotu American depository shares between March 5, 2021 and July 23, 2021, inclusive.

GOTU SHAREHOLDER ALERT: Jakubowitz Law Reminds Gaotu Shareholders of a Lead Plaintiff Deadline of February 28, 2023

News for GSX Techedu Inc. Stock (GOTU)