1.04Open1.04Pre Close0 Volume31 Open Interest3.50Strike Price0.00Turnover0.00%IV0.00%PremiumDec 20, 2024Expiry Date1.04Intrinsic Value100Multiplier6DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma2.81Leverage Ratio--Theta--Rho--Eff Leverage--Vega
Gaotu Techedu Stock Discussion
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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