Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results
- 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.
- 02/26/2025
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Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2024 Financial Results on February 26, 2025
- BEIJING , Feb. 13, 2025 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year 2024 ended December 31, 2024, before U.S. markets open on Wednesday, February 26, 2025. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, February 26, 2025 (9:00 PM on the same day, Beijing/Hong Kong Time).
- 02/13/2025
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Gaotu Techedu: Profitability Has Reached Bottom, Maintain 'Buy'
- Gaotu's Q3 2024 revenue growth was robust at 53.1% YoY, but profitability declined due to heavy investments in workforce and marketing. Despite the stock's 11% drop post-earnings, I maintain a "buy" rating due to Gaotu's strong balance sheet and significant undervaluation. Management expects Q4 revenue growth of 69.2%-71.9% YoY, driven by aggressive offline expansion and diversified revenue streams.
- 12/05/2024
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Gaotu Techedu Inc. (GOTU) Q3 2024 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q3 2024 Earnings Conference Call December 4, 2024 8:00 AM ET Company Participants Catherine Chen - Head, Investor Relations Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Crystal Li - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
- 12/04/2024
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Gaotu Techedu Announces Third Quarter 2024 Unaudited Financial Results
- BEIJING , Dec. 4, 2024 /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 third quarter ended September 30, 2024. Third Quarter 2024 Highlights[1] Net revenues were RMB1,208.3 million, increased by 53.1% from RMB789.4 million in the same period of 2023.
- 12/04/2024
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Gaotu Techedu to Report Third Quarter 2024 Financial Results on December 4, 2024
- BEIJING , Nov. 19, 2024 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the third quarter ended September 30, 2024, before U.S. markets open on Wednesday, December 4, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, December 4, 2024 (9:00 PM on the same day, Beijing/Hong Kong Time).
- 11/19/2024
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Gaotu Techedu: Recent Sell-Off Creates Another Buying Opportunity
- I maintain my "buy" rating for GOTU due to its significant undervaluation and potential for dramatic positive fundamental change. Gaotu's rapid offline expansion, especially in Guangzhou, positions it to capture market share from competitors like TAL and EDU. Exiting the loss-making Gaotu Jiapin business will enhance profitability starting Q4 2024, improving the company's financial outlook.
- 11/10/2024
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TAL, EDU, GOTU Rally as China's Education Policy Boosts Employment Focus
- U.S.-listed Chinese education stocks surged following the release of a new policy focusing on employment and education integration. TAL Education Group (TAL, Financial) saw its shares rise over 4%, New Oriental Education & Technology Group (EDU) gained more than 3%, and Gaotu Techedu Inc. (GOTU) increased nearly 1%.
- 10/04/2024
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Top 3 Consumer Stocks Which Could Rescue Your Portfolio This Month
- The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
- 09/17/2024
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Gaotu Techedu: Profitability Concerns Overblown, Maintaining "Buy" Rating
- Gaotu Techedu's Q2 2024 results showed strong revenue growth but significant net losses due to upfront expenses for future demand, validating my "buy" rating. Despite a 19% stock drop post-earnings, Gaotu's cash-rich balance sheet and share repurchase program offer strong downside protection and significant upside potential. Non-academic tutoring business surged, contributing over 20% of total revenues, indicating robust future growth regardless of Chinese government policies.
- 08/29/2024
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Gaotu Techedu Announces Second Quarter 2024 Unaudited Financial Results
- BEIJING , Aug. 27, 2024 /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 second quarter ended June 30, 2024. Second Quarter 2024 Highlights[1] Net revenues were RMB1,009.8 million, increased by 43.6% from RMB703.1 million in the same period of 2023.
- 08/27/2024
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Gaotu Techedu: It's Getting Interesting Again
- The Chinese government has loosened regulation for after-school tutoring, potentially benefiting companies like GOTU. High youth unemployment in China may lead to government support for the after-school tutoring industry. GOTU's non-academic tutoring business is growing rapidly, contributing significantly to revenue; financial projections and valuation suggest undervaluation.
- 08/07/2024
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Gaotu Techedu to Report Second Quarter 2024 Financial Results on August 27, 2024
- BEIJING, Aug. 5, 2024 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2024, before U.S. markets open on Tuesday, August 27, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, August 27, 2024 (8:00 PM on the same day, Beijing/Hong Kong Time).
- 08/05/2024
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5 Penny Stocks Wall Street See 50% Upside
- Wouldn't it be great to invest $10,000 today and have that turn into $15,000 within a year?
- 07/26/2024
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Gaotu Techedu Inc. (GOTU) Q1 2024 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Catherine Chen - Head of IR Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Alice Cai - Citi Research Jeffrey Chan - CLSA Operator Ladies and gentlemen, thank you for standing by and welcome to the Gaotu Techedu [Fourth Quarter and Fiscal Year 2023] (ph) Earnings Conference Call. All participants will be in listen-only mode.
- 05/21/2024
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Gaotu Techedu Announces First Quarter 2024 Unaudited Financial Results
- BEIJING , May 21, 2024 /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 first quarter ended March 31, 2024. First Quarter 2024 Highlights[1] Net revenues were RMB946.9 million, increased by 33.9% from RMB707.3 million in the same period of 2023.
- 05/21/2024
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Gaotu Techedu to Report First Quarter 2024 Financial Results on May 21, 2024
- BEIJING , April 30, 2024 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2024, before U.S. markets open on Tuesday, May 21, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 21, 2024 (8:00 PM on the same day, Beijing/Hong Kong Time).
- 04/30/2024
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Gaotu Techedu Files Its Annual Report on Form 20-F
- BEIJING , April 25, 2024 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed on the Company's investor relations website at https://ir.gaotu.cn/.
- 04/25/2024
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Gaotu Techedu Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results
- BEIJING , Feb. 27, 2024 /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, 2023. Fourth Quarter 2023 Highlights[1] Net revenues were RMB761.0 million, increased by 20.9% from RMB629.6 million in the same period of 2022.
- 02/27/2024
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Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 27, 2024
- BEIJING , Feb. 5, 2024 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year 2023 ended December 31, 2023, before U.S. markets open on Tuesday, February 27, 2024. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, February 27, 2024 (9:00 PM on the same day, Beijing/Hong Kong Time).
- 02/05/2024
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Why NetEase, Huya, and Gaotu Techedu Stocks All Dropped Today
- Two years ago, a raft of Chinese laws regulating education activities crashed the stocks of for-profit education companies. Today, China released new draft laws that could crush the gaming sector.
- 12/22/2023
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Gaotu Techedu Inc. (GOTU) Q3 2023 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q3 2023 Earnings Conference Call November 22, 2023 8:00 AM ET Company Participants Catherine Chen - Head of Investor Relations Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Yiwen Zhang - China Renaissance Operator Hello and welcome to Gaotu Techedu Third Quarter 2023 Earnings Conference Call. All participants' will be in listen-only mode.
- 11/22/2023
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Gaotu Techedu Announces Third Quarter of 2023 Unaudited Financial Results and the Upsizing of Share Repurchase Program
- BEIJING , Nov. 22, 2023 /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 third quarter ended September 30, 2023. Third Quarter 2023 Highlights[1] Net revenues were RMB789.4 million, increased by 30.2% from RMB606.2 million in the same period of 2022.
- 11/22/2023
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Gaotu Techedu to Report Third Quarter 2023 Financial Results on November 22, 2023
- BEIJING , Nov. 6, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the third quarter ended September 30, 2023, before U.S. markets open on Wednesday, November 22, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, November 22, 2023 (9:00 PM on the same day, Beijing/Hong Kong Time).
- 11/06/2023
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So-Young Announces Board Change
- BEIJING , Oct. 12, 2023 /PRNewswire/ -- So-Young International Inc. (Nasdaq: SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers, professionals and service providers in the medical aesthetics industry, today announced that Mr. Min Yu, Mr.
- 10/12/2023
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Gaotu Techedu: Strong Growth Prospects And Lots Of Cash
- Gaotu Techedu has transformed into a completely new and stronger business. Its growth potential is strong after business transformation. GOTU's stock is extremely cheap given its strong cash position and growth potential.
- 09/27/2023
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Gaotu Techedu Inc. (GOTU) Q2 2023 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q2 2023 Earnings Conference Call August 30, 2023 8:00 AM ET Company Participants Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Yiwen Zhang - China Renaissance Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Second Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.
- 08/30/2023
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Gaotu Techedu Announces Second Quarter of 2023 Unaudited Financial Results
- BEIJING , Aug. 30, 2023 /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 second quarter ended June 30, 2023. Second Quarter 2023 Highlights[1] Net revenues were RMB703.1 million, increased by 30.7% from RMB537.8 million in the same period of 2022.
- 08/30/2023
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Gaotu Techedu to Report Second Quarter 2023 Financial Results on August 30, 2023
- BEIJING , Aug. 8, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2023, before U.S. markets open on Wednesday, August 30, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, August 30, 2023 (8:00 PM on the same day, Beijing/Hong Kong Time).
- 08/08/2023
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August MDA Breakout Stocks Week 31 - 2023: High-Frequency Gainers To Give You An Edge
- Two new Breakout Stocks for Week 31 curated by the MDA model for 10% short-term upside and additional model selections. This week two of four picks gained over 10% in less than a week with peak gains in CLLS +16.8% AUTL+15.5% but the portfolio failed to hold gains. The streak of weekly picks gaining over 10% in less than a week has increased to 255 out of 322 trading weeks (79.2%) not including multiple gainers or warning signals.
- 07/31/2023
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Gaotu Techedu: Consider Analyst Sentiment And Financial Outlook
- The sell-side is turning bullish on Gaotu Techedu, as evidenced by the favorable change in analysts' ratings, forecasts, and price targets. Gaotu Techedu is expected to register top line expansion and profitability improvement in the current year based on my analysis. I have lifted my investment rating for GOTU to a Buy, in view of positive analyst sentiment and a favorable business outlook for the stock.
- 07/28/2023
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Why Shares of Alibaba, TAL Education Group, and Gaotu Techedu Are Falling Today
- China's economic rebound seems to have sputtered as of late. Many investors are hopeful that the Chinese government will issue stimulus, but analysts aren't so sure there is a lot it can realistically do.
- 06/20/2023
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Why Shares of Dingdong, Gaotu Techedu, and RLX Technology Are Rising This Week
- Investors and the Chinese government seem worried that the country's economic recovery might be stalling. Investors are also now optimistic that the Chinese government will soon roll out stimulus.
- 06/15/2023
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Gaotu Techedu Inc. (GOTU) Q1 2023 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q1 2023 Earnings Conference Call May 30, 2023 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Crystal Lee - CMS Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu First Quarter 2023 Earnings Conference Call. After today's presentation, there will be an opportunity to ask questions.
- 05/30/2023
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Gaotu Techedu to Report First Quarter 2023 Financial Results on May 30, 2023
- BEIJING , May 22, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2023, before U.S. markets open on Tuesday, May 30, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, May 30, 2023 (8:00 PM on the same day, Beijing/Hong Kong Time).
- 05/22/2023
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7 Stocks AI Predicts Will Gain in 30 Days
- The world's foremost artificial intelligence (AI) stock trading algorithm, An-E, predicts that seven stocks will gain 5%
- 05/09/2023
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Why Shares of New Oriental Education & Technology Group, Gaotu Techedu, and Jiayin Group Are Rising This Week
- New Oriental Education & Technology Group reported strong earnings results earlier this week. New economic data showed that China's economy grew nicely in the first quarter of the year.
- 04/20/2023
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Why Gaotu Techedu, New Oriental Education, and TAL Education Stocks Sold Off Today
- According to "local Chinese papers," TAL Education will report bad news next month. Investors don't know what that bad news will be -- but they're not waiting around to find out.
- 03/14/2023
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Why Shares of Full Truck Alliance, Gaotu Techedu, and Yatsen Are Rising This Week
- Positive economic data in China sent shares moving higher this week.
- 03/02/2023
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Why Shares of TAL Education Group, Dingdong, and Gaotu Techedu Are Rising This Week
- Chinese stocks are moving higher this week, as the government continues to look to boost economic growth.
- 02/16/2023
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Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2022 Financial Results on February 28, 2023
- BEIJING , Feb. 14, 2023 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its financial results for the fourth quarter and fiscal year 2022 ended December 31, 2022, before U.S. markets open on Tuesday, February 28, 2023. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, February 28, 2023 (9:00 PM on the same day, Beijing/Hong Kong Time).
- 02/14/2023
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Takeaways From Recent Rollercoaster Ride For Gaotu Techedu's Shares
- GOTU's share price has been very volatile recently, and there are insights to be drawn from the developments that have had an impact on Gaotu Techedu's shares. Gaotu Techedu still faces significant policy risks, but the company is expected to resume positive revenue growth this year.
- 02/10/2023
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MDA Breakout Stocks Week 3 - January 2023: High-Frequency Gainers To Give You An Edge
- Two new Breakout Stocks for Week 3 with better than 10% short-term upside and two Dow 30 Picks. Average cumulative returns for 2023 are +21.37% YTD. This week 2 of 4 high-frequency breakout picks gained over 10% in less than a week with peak gains in VYGR +66.1%, RES +13.0%, LTRX +8.2%.
- 01/15/2023
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Why Chinese Education Stocks Collapsed This Morning
- Will it ever be safe to buy Chinese education stocks again?
- 12/29/2022
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How to Find Reliable Penny Stocks Information
- Use these tips to find reliable penny stocks information The post How to Find Reliable Penny Stocks Information appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/18/2022
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Why Are Chinese Education Stocks TAL, EDU Up Today?
- Chinese education stocks are on the rise Friday despite a lack of news specifically related to these companies. Instead, it looks like Chinese education stocks are continuing their recent upward momentum as investors react to loosening Covid-19 restrictions in the country.
- 12/16/2022
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Why Chinese Stocks Are Popping on Wednesday
- Could the zero-COVID policy be coming to an end in China?
- 11/30/2022
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Gaotu Techedu Inc. (GOTU) Q3 2022 Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q3 2022 Results Conference Call November 22, 2022 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman and Chief Executive Officer Shannon Shen - Chief Financial Officer Conference Call Participants Mark Li - Citi Operator Good day ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc., Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.
- 11/22/2022
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Gaotu Techedu to Report Third Quarter 2022 Financial Results on November 22, 2022
- BEIJING , Nov. 8, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its third quarter 2022 financial results ended September 30, 2022, before U.S. markets open on Tuesday, November 22, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Tuesday, November 22, 2022 (9:00 PM on Tuesday, November 22, 2022, Beijing/Hong Kong Time).
- 11/08/2022
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Gaotu Techedu, Inc. (GOTU) Q2 2022 Earnings Call Transcript
- Gaotu Techedu, Inc. (NYSE:GOTU ) Q2 2022 Earnings Conference Call September 8, 2022 8:00 AM ET Company Participants Sherry Liu - IR Manager Larry Chen - Founder, Chairman & CEO Nan Shen - CFO Conference Call Participants Mark Li - Citigroup Operator Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions].
- 09/08/2022
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Why Shares of TAL Education Group, Uxin Limited, and Gaotu Techedu Are Rising Today
- U.S. and Chinese regulators recently struck a major agreement over a long-standing auditing dispute.
- 08/29/2022
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Gaotu Techedu to Report Second Quarter 2022 Financial Results on September 8, 2022
- BEIJING , Aug. 25, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its second quarter 2022 financial results ended June 30, 2022, before U.S. markets open on Thursday, September 8, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Thursday, September 8, 2022 (8:00 PM on Thursday, September 8, 2022, Beijing/Hong Kong Time).
- 08/25/2022
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3 Penny Stocks to Add to Your Mid-July Watchlist
- Are these penny stocks worth buying or not? The post 3 Penny Stocks to Add to Your Mid-July Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 07/14/2022
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Why New Oriental Education, TAL Education, and Gaotu Techedu Popped Today
- Investors have renewed hope that these education companies still have growth potential.
- 06/14/2022
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What to Know About Buying Penny Stocks on June 9th
- Here's what you need to know about trading penny stocks today The post What to Know About Buying Penny Stocks on June 9th appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 06/09/2022
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Why Gaotu Techedu Was Climbing Today
- A solid earnings report helped lift the Chinese tutoring stock.
- 06/06/2022
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Why Gaotu Techedu Shares Are Rising Today
- Gaotu Techedu Inc (NASDAQ: GOTU) shares are trading higher by 15.53% at $1.52 after the company announced first-quarter earnings results. Gaotu Techedu reported first-quarter EPS of 6 cents.
- 06/06/2022
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Gaotu Techedu Inc. (GOTU) CEO Larry Chen on Q1 2022 Results - Earnings Call Transcript
- Gaotu Techedu Inc. (NYSE:GOTU ) Q1 2022 Earnings Conference Call June 6, 2022 8:00 AM ET Company Participants Sherry Liu - Manager of IR Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Mark Li - Citi Operator Ladies and gentlemen, thank you for standing by and welcome to the Gaotu Techedu Inc. First Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.
- 06/06/2022
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Read How Gaotu Techedu Fared In Q1
- Gaotu Techedu Inc (NYSE: GOTU) reported a first-quarter FY22 sales decline of 62.7% year-on-year, to RMB724.6 million ($114.305 million), beating the consensus of $82.4 million. The revenue decrease was driven by the company's organizational adjustments and business.
- 06/06/2022
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Gaotu Techedu to Report First Quarter 2022 Financial Results on June 6, 2022
- BEIJING , May 23, 2022 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that it will report its first quarter 2022 financial results ended March 31, 2022, before U.S. markets open on Monday, June 6, 2022. Gaotu's management will hold an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, June 6, 2022 (8:00 PM on Monday, June 6, 2022, Beijing/Hong Kong Time).
- 05/23/2022
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Why Gaotu Techedu Shares Are Rising
- Shares of Chinese companies, including Gaotu Techedu Inc (NYSE: GOTU), are trading higher on hopes Chinese regulators will ease their crackdown on tech and internet companies. Strength comes ahead of an expected joint regulatory meeting, which reportedly could occur this weekend.
- 04/29/2022
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Why Chinese Education Stocks Soared on Friday
- Gaotu Techedu, New Oriental Education, and TAL Education join the tech rally.
- 04/29/2022
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Why Gaotu Techedu, iQIYI, and Bilibili Stocks Dropped Friday
- After a brief respite, the Chinese stock selling spree resumes.
- 03/25/2022
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Here's Why TAL Education, New Oriental Education And Gaotu Techedu Shares Are Rising
- Shares of several Chinese stocks, including TAL Education Group (NYSE TAL), New Oriental Education & Tech Grp (NYSE: EDU) and Gaotu Techedu Inc (NYSE GOTU), are trading higher on continued volatility. Last week's news of China's financial stability and development committee.
- 03/22/2022
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Are These 3 Penny Stocks Worth Buying in Late March 2022?
- Here re three penny stocks to add to your late March watchlist The post Are These 3 Penny Stocks Worth Buying in Late March 2022? appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/18/2022
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Why Chinese Education Stocks Bounced Higher Today
- China just noticed its stock market is burning down -- and moved to put out the fire.
- 03/16/2022
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Why Chinese Education Stocks Keep Falling
- The SEC just reminded China investors their stocks may soon be delisted.
- 03/11/2022
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3 Hot Penny Stocks to Buy Now? Check These Small-Caps Out
- Here are three penny stocks to add to your watchlist right now The post 3 Hot Penny Stocks to Buy Now? Check These Small-Caps Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 03/08/2022
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Gaotu Techedu's (GOTU) CEO Larry Chen on Q4 2021 Results - Earnings Call Transcript
- Gaotu Techedu's (GOTU) CEO Larry Chen on Q4 2021 Results - Earnings Call Transcript
- 03/08/2022
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Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2021 Financial Results on March 8, 2022
- BEIJING, Feb. 22, 2022 /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 that it will report its financial results for the fourth quarter and fiscal year ended December 31, 2021, before U.S. markets open on March 8, 2022. Gaotu's management will hold an earnings conference call on Tuesday, March 8, 2022, at 8:00 AM U.S. Eastern Time (9:00 PM on the same day, Beijing/Hong Kong Time).
- 02/22/2022
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Why Gaotu Techedu Stock Was Falling Today
- Another round of China fears seemed to push the education stock lower.
- 01/26/2022
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3 Penny Stocks to Watch Under $4 Right Now
- Here are three penny stocks to watch next week The post 3 Penny Stocks to Watch Under $4 Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/23/2022
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Best Penny Stocks to Watch Tomorrow? Check These 3 Small-Caps Out
- Check these penny stocks out for your watchlist tomorrow The post Best Penny Stocks to Watch Tomorrow? Check These 3 Small-Caps Out appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 01/20/2022
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Good Penny Stocks to Buy Right Now? 3 to Watch in 2022
- Can these penny stocks continue to push up this month? The post Good Penny Stocks to Buy Right Now?
- 01/18/2022
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Why TAL Education, New Oriental Education And Gaotu Techedu Shares Are Rising
- Shares of several Chinese stocks, including TAL Education Group (NYSE: TAL), New Oriental Education & Tech Grp (NYSE: EDU) and Gaotu Techedu Inc (NYSE: GOTU), are all trading higher after the Chinese government vowed to focus on consumption recovery and reduce some income tax rates. Shares of several Chinese stocks have otherwise been under pressure amid continued COVID-19 omicron variant concerns, which have prompted travel restrictions in some nations and added to lockdown fears.
- 12/30/2021
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Top Penny Stocks Trends For 2022
- Wondering what penny stocks trends will be in play next year? Check these three out The post Top Penny Stocks Trends For 2022 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/26/2021
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Here's 3 Top Penny Stocks For Your January Watchlist
- Can penny stocks continue to show momentum next year? The post Here's 3 Top Penny Stocks For Your January Watchlist appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/19/2021
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3 Hot Penny Stocks to Add to Your Watchlist This Week
- Here's three penny stocks to add to your list for next week The post 3 Hot Penny Stocks to Add to Your Watchlist This Week appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/18/2021
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Top Penny Stocks to Add to Your Watchlist As 2021 Ends
- With 2021 coming to an end, which penny stocks are you watching? The post Top Penny Stocks to Add to Your Watchlist As 2021 Ends appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 12/09/2021
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Making a Penny Stocks Watchlist? 3 You Need to Know About
- Which penny stocks are you watching right now? The post Making a Penny Stocks Watchlist?
- 12/08/2021
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Why Chinese Education Stocks Bounced Higher Today
- Investors search for bargains in the rubble of China's tech market.
- 12/08/2021
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Best Penny Stocks to Watch During the Holiday Season
- Are these the best penny stocks to watch during the holidays? The post Best Penny Stocks to Watch During the Holiday Season appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 11/24/2021
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3 Chinese Education Stocks to Buy on the New Regulation Rumors
- Chinese education stocks are rising after reports emerged that Beijing plans to issue over a dozen licenses for after-school tutoring. The post 3 Chinese Education Stocks to Buy on the New Regulation Rumors appeared first on InvestorPlace.
- 11/22/2021
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3 Penny Stocks to Add to Your Watch List Right Now
- Here's three penny stocks to watch right now The post 3 Penny Stocks to Add to Your Watch List Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 11/21/2021
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Best Penny Stocks to Buy in November? 3 For Your List
- Which penny stocks are you watching in November? The post Best Penny Stocks to Buy in November?
- 11/14/2021
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Why Gaotu Techedu Stock Was Climbing Today
- An opportunity may be on the horizon for the hard-hit tutoring stock.
- 11/08/2021
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Chinese Stocks Alert: The Turnaround Story Driving TAL, EDU, METX, GOTU Stocks Higher
- Chinese education stocks are moving higher on Monday as reports claim China will allow companies to resume their after-school tutoring. The post Chinese Stocks Alert: The Turnaround Story Driving TAL, EDU, METX, GOTU Stocks Higher appeared first on InvestorPlace.
- 11/08/2021
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High Volume Penny Stocks to Watch in November 2021
- Are these high volume penny stocks on your watchlist? The post High Volume Penny Stocks to Watch in November 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/29/2021
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Trending Penny Stocks to Buy Now? 5 to Watch This Week
- Which trending penny stocks are on your watchlist right now? The post Trending Penny Stocks to Buy Now?
- 10/24/2021
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Most Popular Penny Stocks to Buy Now? 3 That Are Trending
- Trending penny stocks continue to attract attention, here's three to know about The post Most Popular Penny Stocks to Buy Now? 3 That Are Trending appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/19/2021
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Best Short Squeeze Penny Stocks To Buy? 4 To Watch Right Now
- Are these the top penny stocks to watch for a short squeeze? The post Best Short Squeeze Penny Stocks To Buy?
- 10/19/2021
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Best Penny Stocks To Buy Now? 3 To Watch in the 2nd Half of October
- Which trending penny stocks are you watching in October 2021? The post Best Penny Stocks To Buy Now?
- 10/17/2021
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Top Tech Penny Stocks to Buy Right Now? 3 to Watch
- Looking for tech penny stocks to buy? Check these three out for your list The post Top Tech Penny Stocks to Buy Right Now?
- 10/09/2021
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Do These Penny Stocks Have Potential in October 2021? 3 to Watch
- Are these penny stocks worth buying in October 2021? The post Do These Penny Stocks Have Potential in October 2021?
- 10/08/2021
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Why Investors Are Watching These Penny Stocks Right Now
- These penny stocks are very popular right now, here's why The post Why Investors Are Watching These Penny Stocks Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 10/07/2021
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Gaotu Techedu: Q2 Earnings Insights
- Gaotu Techedu(NYSE:GOTU) stock fell by 0.32% on Thursday after the company reported its Q2 earnings results on Wednesday, September 22, 2021 at 01:30 AM. Here's what investors need to know about the announcement.
- 09/24/2021
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FEDU Stock Rockets 35% as Chinese Education Companies Navigate Regulatory Threats
- FEDU stock is withstanding regulatory blows better than its counterparts. Investors are celebrating the education play's big gains.
- 09/23/2021
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GOTU Stock: Why It Significantly Increased Today
- The stock price of Gaotu Techedu Inc (NYSE: GOTU) increased by over 25% today. This is why it happened.
- 09/22/2021
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Top Penny Stocks You Need to Know About Right Now
- With so many penny stocks to choose from right now, which small-caps are on your watchlist? The post Top Penny Stocks You Need to Know About Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/22/2021
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Gaotu Techedu Announces Second Quarter of 2021 Unaudited Financial Results and Change to Board Composition
- BEIJING, Sept. 22, 2021 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) ("Gaotu" or the "Company"), a leading online large-class tutoring service provider in China , today announced its unaudited financial results for the second quarter ended June 30, 2021.
- 09/22/2021
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Gaotu Techedu to Report Second Quarter 2021 Financial Results on September 22, 2021
- BEIJING, Sept. 15, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class tutoring service provider in China, today announced that it will report its financial results for the second quarter ended June 30, 2021, before U.S. markets open on September 22, 2021.
- 09/15/2021
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INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Gaotu Techedu Inc. f/k/a GSX Techedu Inc. and Encourages Shareholders with Losses to Contact the Firm
- LOS ANGELES--(BUSINESS WIRE)---- $GOTU #GOTU--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Gaotu Techedu Inc. f/k/a GSX Techedu Inc.
- 09/10/2021
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3 Penny Stocks to Watch With Major Bullish Sentiment Right Now
- These penny stocks exploded last week, are they worth buying? The post 3 Penny Stocks to Watch With Major Bullish Sentiment Right Now appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/07/2021
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Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week
- We're seeing loads of interest from investors targeting short-squeeze stocks this week as meme rallies push several shares higher. The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week appeared first on InvestorPlace.
- 09/07/2021
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3 Top Penny Stocks to Watch As Summer Comes To An End
- With Summer coming to the end, which penny stocks are you watching? The post 3 Top Penny Stocks to Watch As Summer Comes To An End appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 09/01/2021
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Why Chinese Education Stocks Bounced Back Today
- Morgan Stanley gave the all-clear to investors to begin bargain hunting in China's hard-hit education sector.
- 09/01/2021
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Understanding The New Chinese Regulations
- Understanding The New Chinese Regulations
- 08/31/2021
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Why Gaotu Techedu Shares Are Falling
- Shares of Chinese education stocks, including Gaotu Techedu Inc (NYSE: GOTU), are trading lower on continued regulatory-driven in the sector. Chinese education stocks have been trading lower in recent weeks following a policy from the Chinese government which may force for-profit education companies to become non-profit.
- 08/25/2021
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Why Chinese Education Stocks Crashed Again Today
- In China it's easy come, easy go -- but mostly easy go.
- 08/25/2021
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Why Chinese Education Stocks Bounced Back Today
- Investors begin searching for bargains in the rubble of the Chinese stock market.
- 08/24/2021
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Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week
- Short-squeeze stocks continue to be popular among retail traders as they look for targets to pump higher and we've got a list to watch. The post Short-Squeeze Stocks: Top 10 Stocks With High Short Interest This Week appeared first on InvestorPlace.
- 08/24/2021
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Hot Penny Stocks To Watch Before September 2021
- Getting a head start on your penny stocks watchlist for September? Check these 3 out The post Hot Penny Stocks To Watch Before September 2021 appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
- 08/22/2021
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YANG: The Best Way To Play 'Peak Pessimism' In Chinese Stocks
- YANG: The Best Way To Play 'Peak Pessimism' In Chinese Stocks
- 08/20/2021
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Gaotu Techedu Inc. Provides Update on Regulatory Development
- BEIJING, Aug. 19, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, announced that the Beijing Municipal Committee of the Communist Party of China and the Beijing Municipality Government jointly issued the "Beijing Municipality's Measures to Further Reduce the Burden of Homework and After-School Tutoring on Students in Compulsory Education in Beijing" (the "Beijing Measures") on August 14, 2021, and published the full text of the Beijing Measures on August 18, 2021. The Beijing Measures were adopted to implement the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education, published in July 2021 by the General Office of the CPC Central Committee and the General Office of the State Council of the PRC, and aim to ensure that "the excessive burden upon students from school homework and after-school tutoring, the education expenditures from their families and the burden on their parents' energy will be effectively reduced by the end of 2021, with significant impact achieved within two years.
- 08/18/2021
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Gaotu Techedu Inc. Announces Management Change
- BEIJING, Aug. 17, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, today announced that Mr. Wei Liu, Vice President, has tendered his resignation for personal reasons.
- 08/17/2021
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New Oriental: The Beginning Of A New Chapter In Chinese Education
- New Oriental: The Beginning Of A New Chapter In Chinese Education
- 08/06/2021
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China education fund tumbles after ill-timed launch
- Following an ill-timed launch, a Chinese fund that promised to offer global investors a "golden" opportunity to buy Chinese education stocks has dropped more than 40% this month, on track to become the country's worst-performing mutual fund in July.
- 07/30/2021
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China's Parents Say For-Profit Tutoring Ban Helps Only the Rich
- Many families and experts say Beijing's education overhaul will help the rich and make the system even more competitive for those who can barely afford it.
- 07/30/2021
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The China Crackdown Is Real, But These 3 Chinese Stocks Will Survive
- While education and big-name tech companies get hit, these Chinese stocks are still well positioned to succeed now and in the future. The post The China Crackdown Is Real, But These 3 Chinese Stocks Will Survive appeared first on InvestorPlace.
- 07/28/2021
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Why Chinese Education Stocks Rebounded Today
- Is this more than a dead-cat bounce?
- 07/28/2021
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Chinese stocks are being battered by regulation from Beijing. Here are the 10 that have seen the steepest declines in 2021.
- The iShares MSCI China ETF has fallen 16% year-to-date and is down 30% from its peak in February, while the S&P 500 is up about 15% in 2021.
- 07/28/2021
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China's regulations against education and tech sectors good for country -Xinhua
- China's recent policy tightening against the tutoring industry and Internet platforms is good for long-term development of the country, and China remains committed to opening up its capital markets, the official Xinhua News Agency said late on Wednesday.
- 07/28/2021
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GOTU Stock Increases Over 20% Intraday: Why It Happened
- The stock price of Gaotu Techedu Inc (NYSE: GOTU) increased by over 20% during intraday trading. This is why it happened.
- 07/28/2021
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Chinese stocks are now among Asia's worst-performing as Beijing crackdown spooks investors
- Days of heavy selling in Chinese stocks have left two major indexes in the country as the worst-performing markets of Asia-Pacific.
- 07/27/2021
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Why Chinese Education Stocks Bounced Back Today
- Sell the rumor, buy the news?
- 07/27/2021
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Private equity firms to scramble for exit after China's new tutoring rules
- China's move to ban private tutoring firms from making a profit from teaching core school subjects and raising capital is set to trigger a scramble among venture and private equity investors to find an exit after pouring billions of dollars into the sector.
- 07/27/2021
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JPMorgan says China's crackdown on education stocks will be 'quite impactful'
- JPMorgan Private Bank's Alex Wolf says China's education stock crackdown could affect the profitability of Chinese education companies and possibly have broader ramifications on some U.S.-listed shares.
- 07/27/2021
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Beijing cracks down on private education firms
- Former State Department senior adviser Christian Whiton breaks down the decision on 'FOX Business Tonight'
- 07/26/2021
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Here's Why Chinese Tech Stocks Were Plummeting Today
- Chinese stocks are going on sale, but it's not clear if they're a great deal.
- 07/26/2021
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Here's Why New Oriental, TAL, and Other Chinese Education Stocks Plunged Today
- A regulatory crackdown sent investors scrambling for the exits.
- 07/26/2021
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Cathie Wood's Ark Invest is rapidly shedding Chinese stocks as Beijing's regulatory crackdown expands
- Ark Invest sold the last remaining shares of its stake in Tencent on Friday, and is quickly shedding KE Holdings and JD.com.
- 07/26/2021
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Why China cracked down on its tutoring programs
- Brendan Ahern, KraneShares chief investment officer, joins 'Power Lunch' to discuss the crackdown on China's tutoring programs, the government's strategy and the state of some Chinese internet names.
- 07/26/2021
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US-listed Chinese stocks crash to their lowest point in more than a year as Beijing ramps up its crackdown on corporations
- A broad index tracking US-listed Chinese stocks has lost 30% of its value this year alone.
- 07/26/2021
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A Chinese education executive has reportedly lost $15 billion since January, with the latest blow coming as China extends its corporate crackdown to the private-tutoring sector
- Larry Chen, who was once one of the world's richest people from founding Gaotu Techedu, has lost billionaire status as China cracks down on education companies.
- 07/26/2021
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Chinese tech and education stocks plummet after regulatory pressure
- Steve Weiss explains to Scott Wapner on the 'Halftime Report' why he's shorting certain Chinese education and tech stocks. "Stay away from these, too much risk," Weiss tells Wapner.
- 07/26/2021
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Education Stocks Could Offer Bargains - For Those Who Choose Correctly
- This week may look like any other for most people, but it has turned into a sudden life-or-death situation for many of China's private education companies. Among the roughly dozen U.S.-listed Chinese education companies, three of the largest ones took the biggest hits, with TAL Education, Gaotu Techedu, and New Oriental down 71%, 63%, and 54%, respectively.
- 07/26/2021
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U.S.-listed Chinese companies must disclose government interference risks -SEC official
- Chinese companies listed on U.S. stock exchanges must disclose the risks of the Chinese government interfering in their businesses as part of their regular reporting obligations, a top U.S. Securities and Exchange Commission official said on Monday.
- 07/26/2021
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Unprecedented Fear In The Chinese Tutoring Market Has Arrived, Silver Linings To Consider Now
- Media outlets are highlighting that the entire tutoring industry could be converted into non-profit entities. For-profit tutoring in the K-9 sector is now banned according to China state media reports.
- 07/26/2021
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U.S.-listed China education stocks tumble again as Beijing makes industry crackdown official
- A crackdown on the education industry in China has J.P. Morgan throwing in the towel on U.S.-listed education stocks that have been hammered in the last two sessions.
- 07/26/2021
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Cramer: Seems like China wants to 'destroy' American stocks
- CNBC's "Squawk on the Street" team discusses about China's tech crackdown.
- 07/26/2021
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GOTU Stock Fell Over 25% Pre-Market: Why It Happened
- The stock price of Gaotu Techedu Inc (NYSE: GOTU) fell by over 25% pre-market. This is why it happened.
- 07/26/2021
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Gaotu Techedu Inc. Provides Update on New Regulations
- BEIJING, July 25, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, announced that, on July 24, 2021, China's official state media, including Xinhua News Agency and China Central Television, announced the Opinions on Further Alleviating the Burden of Homework and After-School Tutoring for Students in Compulsory Education (the "Opinion"), issued by the General Office of the CPC Central Committee and the General Office of the State Council. The Opinion contains high-level policy directives about requirements and restrictions related to online and offline after-school tutoring services, including, among others, (i) institutions providing after-school tutoring services on academic subjects in China's compulsory education system, or Academic AST Institutions, need to be registered as non-profit; (ii) changing the current registration-based regime for operating online Academic AST Institutions to a government approval-based regime, (iii) foreign ownership in Academic AST Institutions is prohibited, including through contractual arrangements, and companies with existing foreign ownership need to rectify the situation; (iv) listed companies are prohibited from raising capital to invest in businesses that teach academic subjects in compulsory education; (v) Academic AST Institutions are prohibited from providing tutoring services on academic subjects in compulsory education during public holidays, weekends and school breaks; and (vi) Academic AST Institutions must follow the fee standards to be established by relevant authorities.
- 07/25/2021
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China Announces Ban On $100B For-Profit Education Sector
- What Happened: China has announced a set of regulations that effectively ban the operation of for-profit education companies in the country. The new rules will no longer allow companies that teach school subjects to accept overseas investment, which could include capital from offshore registered entities of Chinese firms, according to a notice released by the State Council of China.
- 07/24/2021
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What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.
- What did the stock market do today? It continued to tune into earnings reports, and it watched Chinese stocks tank drastically.
- 07/23/2021
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Why New Oriental, TAL, and Other Chinese Education Stocks Crashed Today
- New regulations could decimate China's $100 billion private education industry.
- 07/23/2021
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Why Agora Stock Plummeted 22% on Friday
- The Chinese Communist Party is cracking down on more businesses.
- 07/23/2021
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TAL, GOTU, EDU: Why Are Chinese Stocks Down Today?
- Today, Chinese stocks are plummeting as the Chinese government announced further market interventions that investors are viewing negatively. The post TAL, GOTU, EDU: Why Are Chinese Stocks Down Today?
- 07/23/2021
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Chinese Education Stocks: What's Happening With TAL, GOTU and EDU Today?
- Chinese education stocks are taking a beating on Friday thanks to new restrictions placed on them by their home country's government. The post Chinese Education Stocks: What's Happening With TAL, GOTU and EDU Today?
- 07/23/2021
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Jim Cramer on China's tech crackdown: You can't own Chinese stocks
- CNBC's Jim Cramer joins the "Squawk Box" team discusses Snap and Twitter earnings, China's tech crackdown, markets and more.
- 07/23/2021
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Beijing targets tutoring firms, not allowing foreign investment
- CNBC's Eunice Yoon reports on China aiming to cut after-school tutoring costs and how tutoring firms must register on NGOs.
- 07/23/2021
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China-based education stocks rocked on worries over new PRC regulations
- Shares of China-based education companies took a beating in Friday, amid media reports that the Chinese government is mulling new regulations concerning after-school tutoring services.
- 07/23/2021
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Gaotu Techedu Inc. Responds to Media Reports
- BEIJING, July 23, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online large-class after-school tutoring service provider in China, today noted that certain English and Chinese language media outlets reported that the PRC regulators are considering a new set of regulations concerning after-school tutoring service related to school subjects taught in China's compulsory education system. The regulations have not been published, and the Company has not received official notification of the regulations.
- 07/23/2021
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GOTU Stock Fell Over 55% Pre-Market: Why It Happened
- The stock price of Gaotu Techedu Inc (NYSE: GOTU) fell over 55% pre-market. This is why it happened.
- 07/23/2021
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New Oriental: Don't Use Technical Analysis To Trade, Understand China Instead
- New Oriental: Don't Use Technical Analysis To Trade, Understand China Instead
- 07/16/2021
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Why These 4 Chinese Online Educators Fell Hard This Week
- Double-digit losses were not uncommon in the space.
- 07/09/2021
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China Online Education: Exaggerated Sell-Off Provides An Opportunity
- China Online Education: Exaggerated Sell-Off Provides An Opportunity
- 07/08/2021
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China's Online Education Crackdown Could Crush These 3 Stocks
- Investors shouldn't put too much faith in Wall Street's estimates for these companies. All three face unpredictable regulatory challenges.
- 06/23/2021
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Why Chinese Education Stocks Plummeted on Wednesday
- The Chinese government's crackdown on private tutoring is imminent.
- 06/16/2021
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Why GSX Techedu Stock Crashed Today
- Citi spins on a dime and downgrades to sell.
- 06/11/2021
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EDU, TAL, And GOTU Stock Prices Increase Pre-Market
- The stock prices of Chinese education technology companies New Oriental Education & Technology Group Inc. (NYSE: EDU), TAL Education Group (NYSE: TAL), and GSX Techedu Inc (NYSE: GOTU) increased pre-market. This is why it happened.
- 06/10/2021
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Why New Oriental Education , TAL Education, and GSX Techedu Stocks Bounced Back Today
- Did investors overestimate the risks for these Chinese education companies?
- 06/09/2021
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Gaotu Techedu Inc. Announces Effectiveness of Name Change
- BEIJING, June 4, 2021 /PRNewswire/ -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it has changed its name from "GSX Techedu Inc." to "Gaotu Techedu Inc.," effective June 4, 2021. The American depositary shares of the Company, every three representing two Class A ordinary shares, par value US$0.0001 per share, will begin trading under the new corporate name on June 7, 2021.
- 06/04/2021
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Why Chinese Education Stocks Crashed Today
- The Chinese government continues to crack down on the sector.
- 06/03/2021
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Why GSX Techedu Stock Tanked This Morning
- The Chinese tutoring company reports first-quarter earnings results.
- 05/26/2021
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GSX Techedu Inc. (GOTU) CEO Larry Chen on Q1 2021 Results - Earnings Call Transcript
- GSX Techedu Inc. (GOTU) CEO Larry Chen on Q1 2021 Results - Earnings Call Transcript
- 05/26/2021
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GOTU Stock Price: Over 15% Decrease Pre-Market Explanation
- The stock price of GSX Techedu Inc. (NYSE: GOTU) fell by over 15% pre-market. This is why it happened.
- 05/26/2021
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GSX Techedu Announces First Quarter of 2021 Unaudited Financial Results
- BEIJING, May 26, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GOTU) (the "Company"), a leading online large-class after-school tutoring service provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights [1] Net revenues was RMB1,940.3 million, a 49.5% year-over-year increase.
- 05/26/2021
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GOTU Stock Price: 12.05% Decrease Explanation
- The stock price of GSX Techedu Inc (NYSE: GOTU) decreased by 12.05% yesterday. This is why it happened.
- 05/25/2021
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Gaotu Group: Policy Overhang Keeps The Risk-Reward Balanced
- The longer-term outlook remains bright for Gaotu Group (formerly GSX TechEdu). Adverse regulatory changes remain the key risk for the near-term outlook, but a healthier longer-term dynamic should benefit profitability.
- 05/16/2021
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GSX Techedu to Report First Quarter 2021 Financial Results on May 26, 2021
- BEIJING, May 14, 2021 /PRNewswire/ -- GSX Techedu Inc. (NYSE: GOTU) ("GSX" or the "Company"), a leading online K-12 large-class after-school tutoring service provider in China, today announced that it will report its financial results for the first quarter ended March 31, 2021, before U.S. markets open on May 26, 2021. GSX's management will hold an earnings conference call on Wednesday, May 26, 2021, at 8:00 AM U.S. Eastern Time (8:00 PM on the same day, Beijing/Hong Kong Time).
- 05/14/2021
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