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 Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

GSX Techedu reports robust Q4 earnings and eyes strategic growth

GSX Techedu Inc. delivered strong financial results in Q4 2022, showcasing revenue growth, improved profitability, and enhanced cash reserves.
The company's focus on operational efficiency, talent development, and new business initiatives positions it well for future growth and market expansion.
While facing challenges in a competitive landscape, GSX Techedu has opportunities to capitalize on its strengths and drive sustainable growth in the education technology sector.

Gaotu Techedu Inc. reports robust Q1 earnings and eyes growth opportunities

Gaotu Techedu Inc. delivered strong financial results in Q1 2023, driven by revenue and gross billing growth, operational efficiency, and profitability.
The company's strategic focus on learning services, digital products, and innovative customer acquisition channels positions it well for future success.
While facing challenges in a competitive landscape, Gaotu has opportunities for revenue expansion, margin improvement, and market differentiation.

Gaotu Techedu reports strong Q2 earnings, eyes growth through innovation

Gaotu Techedu Inc. delivered robust financial results in Q2 2023, driven by revenue growth, gross billing expansion, and positive cash flow generation.
The company's strategic focus on innovation, talent investment, and leveraging AI underscores its commitment to enhancing educational offerings and market competitiveness.
While facing challenges in a competitive landscape, Gaotu's proactive approach to evolving market trends and customer needs positions it well to seize growth opportunities.

Gaotu Techedu reports strong Q3 growth and focuses on future expansion

Gaotu Techedu's Q3 2023 performance demonstrated solid growth in revenue and gross billings, supported by effective financial management strategies.
The company's emphasis on customer acquisition, talent development, and shareholder value bodes well for future sustainability and growth.
Challenges in optimizing expenses and managing competition need to be addressed, while opportunities exist in expanding market share and enhancing operational efficiency.

GSX Techedu Inc. reports robust Q4 performance and optimistic 2024 outlook

GSX Techedu Inc. delivered strong financial results in Q4 2023, showcasing growth in revenue and billing, supported by a robust financial foundation. The company's strategic focus on educational products and customer acquisition channels positions it well for future growth, despite potential challenges in execution and maintaining margins.

GaoTu reports strong Q1 revenue growth amidst rising expenses

GaoTu's Q1 2024 performance reflects robust revenue growth and strategic investments in educational offerings.
While facing escalating operating expenses and net losses, GaoTu maintains a strong financial position with ample cash reserves.
Future opportunities lie in revenue expansion, product diversification, and leveraging cash reserves for sustained growth.

GSX Techedu Inc. reports robust Q2 performance amidst operational challenges

GSX Techedu Inc. delivered strong financial results in Q2 2024, showcasing revenue growth and solid cash reserves, while facing challenges with operational losses.
The company's strategic focus on partnerships, talent recruitment, and shareholder value enhancement highlights a commitment to long-term success.
Opportunities lie in revenue growth projections for Q3 2024, improvements in operational efficiency, and strategic initiatives to drive market expansion and profitability.

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.

BEST Inc - ADR

Leap Therapeutics

Lordstown Motors

Are these the top penny stocks to watch for a short squeeze? The post Best Short Squeeze Penny Stocks To Buy?

Best Short Squeeze Penny Stocks To Buy? 4 To Watch Right Now

Camber Energy

Transocean

Which trending penny stocks are you watching in October 2021? The post Best Penny Stocks To Buy Now?

Best Penny Stocks To Buy Now? 3 To Watch in the 2nd Half of October

Luokung Technology Corp

Paltalk

Looking for tech penny stocks to buy? Check these three out for your list The post Top Tech Penny Stocks to Buy Right Now?

Top Tech Penny Stocks to Buy Right Now? 3 to Watch

ZW Data Action Technologies Inc.

Sonim Technologies Inc

Are these penny stocks worth buying in October 2021? The post Do These Penny Stocks Have Potential in October 2021?

Do These Penny Stocks Have Potential in October 2021? 3 to Watch

Moving Image Technologies

These penny stocks are very popular right now, here's why The post Why Investors Are Watching These Penny Stocks Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Why Investors Are Watching These Penny Stocks Right Now

The Chinese online education stock soared after its latest earnings report.

Is Gaotu Techedu Stock a Buy?

Gaotu Techedu(NYSE:GOTU) stock fell by 0.32% on Thursday after the company reported its Q2 earnings results on Wednesday, September 22, 2021 at 01:30 AM. Here's what investors need to know about the announcement.

Gaotu Techedu: Q2 Earnings Insights

The stock price of Gaotu Techedu Inc (NYSE: GOTU) increased by over 25% today. This is why it happened.

GOTU Stock: Why It Significantly Increased Today

Gaotu Techedu, Inc. (GOTU) CEO Larry Chen on Q2 2021 Results - Earnings Call Transcript

Denison Mines

New Oriental Education & Technology Group

IAMGOLD

With so many penny stocks to choose from right now, which small-caps are on your watchlist? The post Top Penny Stocks You Need to Know About Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Top Penny Stocks You Need to Know About Right Now

Gaotu Techedu Inc (NYSE: GOTU) reported second-quarter FY21 revenue growth of 35.3% year-on-year, to RMB 2.2 billion ($345.7 million), missing the analyst consensus of $387.5 million. The revenue of online K-12 courses increased 51.0% Y/Y to RMB 2.1 billion.

Gaotu Techedu Q2 Revenue Lags Consensus

BEIJING, Sept. 22, 2021 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a leading online large-class tutoring service provider in China , today announced its unaudited financial results for the second quarter ended June 30, 2021.

Gaotu Techedu Announces Second Quarter of 2021 Unaudited Financial Results and Change to Board Composition

BEIJING, Sept. 15, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2021, before U.S. markets open on September 22, 2021.

Gaotu Techedu to Report Second Quarter 2021 Financial Results on September 22, 2021

LOS ANGELES--(BUSINESS WIRE)---- $GOTU #GOTU--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Gaotu Techedu Inc. f/k/a GSX Techedu Inc.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Gaotu Techedu Inc. f/k/a GSX Techedu Inc. and Encourages Shareholders with Losses to Contact the Firm

These penny stocks exploded last week, are they worth buying? The post 3 Penny Stocks to Watch With Major Bullish Sentiment Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

3 Penny Stocks to Watch With Major Bullish Sentiment Right Now

Big 5 Sporting Goods

Blink Charging

Arcimoto

GoodRx Holdings

Gogo

Intercept Pharma

Root

SmileDirectClub

Workhorse Group

We're seeing loads of interest from investors targeting short-squeeze stocks this week as meme rallies push several shares higher. The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week appeared first on InvestorPlace.

Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week

Centennial Resource Development

With Summer coming to the end, which penny stocks are you watching? The post 3 Top Penny Stocks to Watch As Summer Comes To An End appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

3 Top Penny Stocks to Watch As Summer Comes To An End

Morgan Stanley

17 Education & Technology Group

Morgan Stanley gave the all-clear to investors to begin bargain hunting in China's hard-hit education sector.

Why Chinese Education Stocks Bounced Back Today

Alibaba

Didi Global

iShares China Large-Cap ETF

KraneShares CSI China Internet ETF

iShares MSCI China ETF

TAL Education Group

Tencent Holdings Limited

The only hard-and-fast rule in China is that the primacy of the Communist Party in all facets of social and economic life cannot be challenged. Jack Ma of Alibaba walked over that line and triggered a series of regulatory crackdowns aimed at reasserting Party primacy.

Understanding The New Chinese Regulations

Shares of Chinese education stocks, including Gaotu Techedu Inc (NYSE: GOTU), are trading lower on continued regulatory-driven in the sector. Chinese education stocks have been trading lower in recent weeks following a policy from the Chinese government which may force for-profit education companies to become non-profit.

Why Gaotu Techedu Shares Are Falling

In China it's easy come, easy go -- but mostly easy go.

Why Chinese Education Stocks Crashed Again Today

1847 GOEDEKER INC.

Phunware Inc

Getting a head start on your penny stocks watchlist for September? Check these 3 out The post Hot Penny Stocks To Watch Before September 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Hot Penny Stocks To Watch Before September 2021

BEIJING, Aug. 19, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, announced that the Beijing Municipal Committee of the Communist Party of China and the Beijing Municipality Government jointly issued the "Beijing Municipality's Measures to Further Reduce the Burden of Homework and After-School Tutoring on Students in Compulsory Education in Beijing" (the "Beijing Measures") on August 14, 2021, and published the full text of the Beijing Measures on August 18, 2021. The Beijing Measures were adopted to implement the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education, published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC, and aim to ensure that "the excessive burden upon students from school homework and after-school tutoring, the education expenditures from their families and the burden on their parents' energy will be effectively reduced by the end of 2021, with significant impact achieved within two years.

Gaotu Techedu Inc. Provides Update on Regulatory Development

BEIJING, Aug. 17, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, today announced that Mr. Wei Liu, Vice President, has tendered his resignation for personal reasons.

Gaotu Techedu Inc. Announces Management Change

Gaotu's stock has suffered from a vertiginous fall just like other Chinese educational stocks, after a crackdown by the country's authorities. However, between strong rhetoric in a draft document and actual implementation in big China, there is likely to be a considerable time lag.

News for GSX Techedu Inc. Stock (GOTU)