17 Education & Technology Group

17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning. The company was founded by Jia Wei Gan and Bing Yuan on October 30, 2012 and is headquartered Beijing, China.

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

17 Education & Technology Group, Inc. (YQ) Q4 2023 Earnings Call Transcript

BEIJING, March 21, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights 1 Net revenues were RMB47.3 million (US$6.7 million), compared with net revenues of RMB39.6 million in the fourth quarter of 2022.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on March 20, 2024 after the close of U.S. markets. The Company's management will hold an earnings conference call on Wednesday, March 20, 2024 at 9:00 p.m.

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results on March 20, 2024

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the matter is closed. On August 3, 2023, 17EdTech received a notification letter (the “Deficiency Notice”) from the Nasdaq indicating that the closing bid price for the Company's American depositary shares (“ADSs”) was below the minimum bid price of $1.00 required for continued listing under Nasdaq Listing Rule 5450(a)(1) for 30 consecutive business days.

17EdTech Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

BEIJING, Dec. 13, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares, effective on or about December 18, 2023, U.S. Eastern Time (the “Effective Date”).

17 Education & Technology Group Inc. Announces Plan to Implement ADS Ratio Change

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q3 2023 Earnings Conference Call December 5, 2023 8:00 PM ET Company Participants Lara Zhao - Investor Relations Manager Michael Du - Director & Chief Financial Officer Conference Call Participants Operator Good evening and good morning, ladies and gentlemen. And thank you for standing by for 17EdTech's Third Quarter 2023 Earnings Conference Call.

17 Education & Technology Group Inc. (YQ) Q3 2023 Earnings Call Transcript

BEIJING, Dec. 07, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Highlights 1 Net revenues were RMB45.1 million (US$6.2 million), compared with net revenues of RMB124.6 million in the third quarter of 2022.

17 Education & Technology Group Inc. Announces Third Quarter 2023 Unaudited Financial Results

BEIJING, China, Nov. 30, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, on December 6, 2023 after the close of U.S. markets. The Company's management will hold an earnings conference call on Wednesday, December 6, 2023 at 8:00 p.m.

17 Education & Technology Group Inc. to Report Third Quarter 2023 Unaudited Financial Results on December 6, 2023

BEIJING, China, Aug. 29, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2023.

17 Education & Technology Group Inc. Announces Second Quarter 2023 Unaudited Financial Results

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, on August 28, 2023 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Second Quarter 2023 Unaudited Financial Results on August 28, 2023

BEIJING, Aug. 12, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated August 3, 2023, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market.

17 Education & Technology Group Inc. Announces Receipt of Minimum Bid Price Notice from Nasdaq

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q1 2023 Earnings Conference Call June 14, 2023 9:00 PM ET Company Participants Lara Zhao - Investor Relations Manager Andy Liu - Founder, Chairman and CEO Michael Du - Director and CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen. And thank you for standing by for 17EdTech's First Quarter 2023 Earnings Conference Call.

17 Education & Technology Group Inc. (YQ) Q1 2023 Earnings Call Transcript

BEIJING, June 15, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2023.

17 Education & Technology Group Inc. Announces First Quarter 2023 Unaudited Financial Results

BEIJING, June 08, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, on June 14, 2023 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report First Quarter 2023 Unaudited Financial Results on June 14, 2023

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q4 2022 Earnings Conference Call March 27, 2023 9:00 PM ET Company Participants Andy Liu - Founder, Chairman, Chief Executive Officer Michael Du - Director, Chief Financial Officer Lara Zhao - Investor Relations Manager Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

17 Education & Technology Group Inc. (YQ) Q4 2022 Earnings Call Transcript

BEIJING, March 28, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2022.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

BEIJING, China, March 21, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, on March 27, 2023 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results on March 27, 2023

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q3 2022 Earnings Call Transcript December 7, 2022 8:00 PM ET Company Participants Lara Zhao - IR Manager Andy Chang Liu - Founder, Chairman & CEO Michael Chao - CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's Third Quarter 2022 Earnings Conference Call. Well, at this time all participants are in a listen-only mode.

17 Education & Technology Group Inc. (YQ) Q3 2022 Earnings Call Transcript

BEIJING, China, Dec. 08, 2022 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2022.

17 Education & Technology Group Inc. Announces Third Quarter 2022 Unaudited Financial Results

BEIJING, Dec. 02, 2022 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2022, on December 7, 2022 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Third Quarter 2022 Unaudited Financial Results on December 7, 2022

NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against 17 Education & Technology Group Inc. (“17EdTech” or the “Company”) (NASDAQ: YQ) and certain of its officers, on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired 17EdTech securities pursuant and/or traceable to the registration statement and related prospectus (collectiv

Final Deadline: Bronstein, Gewirtz & Grossman, LLC Reminds 17 Education & Technology Group Inc. (YQ) Investors of Class Action and Last Few Hours to Actively Participate

New York, New York--(Newsfile Corp. - September 19, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of 17 Education & Technology Group Inc.

YQ FINAL DEADLINE TODAY: ROSEN, TRUSTED NATIONAL TRIAL COUNSEL, Encourages 17 Education & Technology Group Inc. Investors to Secure Counsel Before Important September 19 Deadline in Securities Class Action Filed by the Firm - YQ

Los Angeles, California--(Newsfile Corp. - September 19, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against 17 Education & Technology Group Inc. ("17EdTech" or "the Company") (NASDAQ: YQ) for violations of the federal securities laws.

DEADLINE TODAY: The Schall Law Firm Encourages Investors in 17 Education & Technology Group Inc. with Losses of $100,000 to Contact the Firm

NEW YORK , Sept. 19, 2022 /PRNewswire/ -- Attention 17 Education & Technology Group Inc. ("17EdTech") (NASDAQ: YQ) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors.

CLASS ACTION ALERT: The Law Offices of Vincent Wong Remind 17EdTech Investors of a Lead Plaintiff Deadline of September 19, 2022

New York, New York--(Newsfile Corp. - September 17, 2022) - Pomerantz LLP is investigating claims on behalf of investors of 17 Education & Technology Group Inc. ("17 E&T" or the "Company") (NASDAQ: YQ). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether 17 E&T and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

News for 17 Education & Technology Group Stock (YQ)