Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results [Yahoo! Finance]
Gaotu Techedu Inc. American Depositary Shares (GOTU)
Company Research
Source: Yahoo! Finance
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 loss of RMB119.6 million in the same period of 2023. Non-GAAP net loss was RMB123.5 million , compared with non-GAAP net loss of RMB104.0
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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 ResultsPR Newswire
- 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