$Gaotu Techedu (GOTU.US)$
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...

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$Gaotu Techedu (GOTU.US)$ will this stock test 5 ish once again?

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