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US Stock MarketDetailed Quotes
GOTU Gaotu Techedu
- 3.510
- +0.070+2.03%
Close Feb 28 16:00 ET
- 3.530
- +0.020+0.57%
Post 20:01 ET
887.80MMarket Cap-6.27P/E (TTM)
3.720High3.200Low5.75MVolume3.200Open3.440Pre Close20.33MTurnover4.45%Turnover RatioLossP/E (Static)252.93MShares8.43552wk High3.35P/B454.09MFloat Cap1.87052wk Low--Dividend TTM129.37MShs Float149.050Historical High--Div YieldTTM15.12%Amplitude0.640Historical Low3.533Avg 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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