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US Stock MarketDetailed Quotes
GOTU Gaotu Techedu
- 2.460
- -0.040-1.60%
Close Dec 13 16:00 ET
- 2.480
- +0.020+0.81%
Post 20:02 ET
625.66MMarket Cap-4.49P/E (TTM)
2.510High2.400Low1.52MVolume2.500Open2.500Pre Close3.69MTurnover1.17%Turnover RatioLossP/E (Static)254.33MShares8.43552wk High2.20P/B318.25MFloat Cap2.40052wk Low--Dividend TTM129.37MShs Float149.050Historical High--Div YieldTTM4.40%Amplitude0.640Historical Low2.435Avg Price1Lot Size
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Gaotu Techedu Stock Forum
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...
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