$Gaotu Techedu (GOTU.US)$ Gaotu Techedu (NYSE: GOTU) reported its Q3 2024 financial results, showing mixed performance. Net revenues increased 53.1% year-over-year to RMB1,208.3 million, while gross billings grew 67.2% to RMB1,069.2 million. However, the company's losses widened significantly, with net loss increasing to RMB471.3 million compared to RMB57.7 million in Q3 2023. The company's gross profit margin decreased to 64.4% from 72.4% year-over-year. Operating expenses incr...
$BTC Digital (BTCT.US)$ BTCT Announces Full Deployment of T21 Miners from BITMAIN Within 3-6 Months Tuesday, 3rd December at 8:09 am SINGAPORE, Dec. 3, 2024 /PRNewswire/ -- BTC Digital Ltd. ("BTCT"or the "Company"))(NASDAQ: BTCT), a global leader in Bitcoin (BTC) mining, announced today that its strategic contract with BITMAIN, a renowned mining hardware manufacturer, is progressing smoothly. BTCT plans to deploy 2,000 units of BITMAIN's high-performance T21 miners to its North American minin...
Gaotu Techedu (NYSE: GOTU) reported its Q3 2024 financial results, showing mixed performance. Net revenues increased 53.1% year-over-year to RMB1,208.3 million, while gross billings grew 67.2% to RMB1,069.2 million. However, the company's losses widened significantly, with net loss increasing to RMB471.3 million compared to RMB57.7 million in Q3 2023.
The company's gross profit margin decreased to 64.4% from 72.4% year-over-year. Operating expenses incr...
BTCT Announces Full Deployment of T21 Miners from BITMAIN Within 3-6 Months
Tuesday, 3rd December at 8:09 am
SINGAPORE, Dec. 3, 2024 /PRNewswire/ -- BTC Digital Ltd. ("BTCT"or the "Company"))(NASDAQ: BTCT), a global leader in Bitcoin (BTC) mining, announced today that its strategic contract with BITMAIN, a renowned mining hardware manufacturer, is progressing smoothly. BTCT plans to deploy 2,000 units of BITMAIN's high-performance T21 miners to its North American minin...
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