Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results
Gaotu Techedu Inc. American Depositary Shares (GOTU)
Company Research
Source: PR Newswire
BEIJING, Feb. 26, 2025 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a technology-driven education company and online large-class tutoring service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024.Fourth Quarter 2024 Highlights[1]Net revenues were RMB1,388.6 million, increased by 82.5% from RMB761.0 million in the same period of 2023.Gross billings[2] were RMB2,160.2 million, increased by 69.0% from RMB1,278.1 million in the same period of 2023.Loss from operations was RMB149.3 million, compared with loss from operations of RMB187.9 million in the same period of 2023.Net loss was RMB135.8 million, compared with net lo
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GOTU
News
- Gaotu Techedu Projects a Meaningful Reduction in Non-GAAP Operating Loss for 2025 [Yahoo! Finance]Yahoo! Finance
- Gaotu Techedu Projects a Meaningful Reduction in Non-GAAP Operating Loss for 2025PR Newswire
- Gaotu Techedu Inc (GOTU) Q4 2024 Earnings Call Highlights: Robust Revenue Growth and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 26, 2025PR Newswire
GOTU
Sec Filings
- 3/11/25 - Form 6-K
- 2/26/25 - Form 6-K
- GOTU's page on the SEC website