On Thursday, YXT.COM Group Holding (YXT.US) rose by over 8%, reporting a price of $2.42.
According to Zhitong Finance APP, on Thursday, YXT.COM Group Holding (YXT.US) rose by over 8%, reporting a price of $2.42. In the first nine months of 2024, YXT.COM had a net loss of 14.88 million yuan (equivalent to 2.12 million dollars), a year-on-year decline of 93.93%. As of September 30, 2024, the company's gross margin was 60.4%, further increasing compared to 59.3% in the same period last year.
In the first nine months of 2024, YXT.COM has signed contracts with numerous Fortune 500 companies, including industry leaders such as Schneider Electric, Shiseido Company, Limited Sponsored ADR in China, SANY Group, Yunnan Baiyao Group, BOE Technology Group, and Hai Liang Group, further consolidating YXT.COM's position as a preferred platform for corporate learning and development among medium and large enterprises. Meanwhile, medium and large enterprises have a recurring budget for corporate learning each year, focusing on the corporate training market comprised of large corporate clients, which will bring YXT.COM more stable revenue and help the company's future development.
