584.97MMarket Cap-4.22P/E (TTM)
2.380High2.281Low1.13MVolume2.300Open2.310Pre Close2.63MTurnover0.87%Turnover RatioLossP/E (Static)254.33MShares8.43552wk High2.07P/B297.55MFloat Cap2.27052wk Low--Dividend TTM129.37MShs Float149.050Historical High--Div YieldTTM4.30%Amplitude0.640Historical Low2.331Avg Price1Lot Size
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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