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Gaotu TecheduNYSE: GOTU

Profile

Country:

China

IPO:

06 June 2019

Next earnings report:

22 November 2024

Last dividends:

N/A

Next dividends:

N/A
$672.72 M
-68%vs. 3y high
48%vs. sector
-vs. 3y high
-vs. sector
-62%vs. 3y high
53%vs. sector
-71%vs. 3y high
62%vs. sector

Price

after hours | Tue, 19 Nov 2024 00:40:06 GMT
$2.60$0.00(0.00%)

Dividend

No data over the past 3 years
$140.39 M$1.21 B
$140.39 M-$59.72 M

Analysts recommendations

Institutional Ownership

GOTU Latest News

Gaotu Techedu to Report Third Quarter 2024 Financial Results on December 4, 2024
prnewswire.com19 November 2024 Sentiment: -

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).

Gaotu Techedu: Recent Sell-Off Creates Another Buying Opportunity
seekingalpha.com10 November 2024 Sentiment: POSITIVE

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.

Gaotu Techedu: Profitability Concerns Overblown, Maintaining "Buy" Rating
seekingalpha.com29 August 2024 Sentiment: POSITIVE

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.

Gaotu Techedu Announces Second Quarter 2024 Unaudited Financial Results
prnewswire.com27 August 2024 Sentiment: POSITIVE

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.

Gaotu Techedu: It's Getting Interesting Again
seekingalpha.com07 August 2024 Sentiment: POSITIVE

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.

Gaotu Techedu to Report Second Quarter 2024 Financial Results on August 27, 2024
prnewswire.com05 August 2024 Sentiment: POSITIVE

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).

Gaotu Techedu to Report First Quarter 2024 Financial Results on May 21, 2024
PRNewsWire30 April 2024 Sentiment: POSITIVE

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, announced today that it will release its financial results for the first quarter ended March 31, 2024, before the U.S. markets open on Tuesday, May 21, 2024. Gaotu's management will host 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).

Gaotu Techedu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 27, 2024
PRNewsWire05 February 2024 Sentiment: POSITIVE

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).

Why NetEase, Huya, and Gaotu Techedu Stocks All Dropped Today
The Motley Fool22 December 2023 Sentiment: NEGATIVE

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.

Gaotu Techedu Inc. (GOTU) Q3 2023 Earnings Call Transcript
Seeking Alpha22 November 2023 Sentiment: POSITIVE

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.

What type of business is Gaotu Techedu?

Gaotu Techedu Inc., a technology-driven education company, provides learning services, educational content, and digitalized learning products in the People's Republic of China. The company offers traditional online academic subject tutoring services that covers academic subjects, such as mathematics, English, Chinese, physics, chemistry, biology, history, geography, and political science for students; non-academic tutoring services; personal interest courses comprising chess learning, family relationships and education, humanities, and science courses; and professional courses primarily for college students and adults preparing for professional qualification exams, such as teacher's qualification, Chartered Financial Analyst designation, Certified Public Accountant designation, and other exams. It also offers admission courses for admission tests and interviews, including national-post graduate entrance examination, civil service examinations, and others; foreign language courses; overseas study related services; and courses to prepare and pass certain language exams for study abroad, such as IELTS and TOEFL. In addition, the company designs and develops course outlines, interactive courseware, practice exercises, and lesson notes; publishes reference books comprising Chinese dictionary, dictionary of idioms, and past exam questions for the college entrance examination; and develops, expands, and upgrades education-centric digital products and solutions, as well as learning apps. Further, it offers books and digitalized auxiliary learning tools, such as smart devices and translation pens; and online tutoring services. The company was formerly known as GSX Techedu Inc. and changed its name to Gaotu Techedu Inc. in June 2021. Gaotu Techedu Inc. was incorporated in 2014 and is headquartered in Beijing, China.

What sector is Gaotu Techedu in?

Gaotu Techedu is in the Consumer Defensive sector

What industry is Gaotu Techedu in?

Gaotu Techedu is in the Education & Training Services industry

What country is Gaotu Techedu from?

Gaotu Techedu is headquartered in China

When did Gaotu Techedu go public?

Gaotu Techedu initial public offering (IPO) was on 06 June 2019

What is Gaotu Techedu website?

https://ir.gaotu.cn

Is Gaotu Techedu in the S&P 500?

No, Gaotu Techedu is not included in the S&P 500 index

Is Gaotu Techedu in the NASDAQ 100?

No, Gaotu Techedu is not included in the NASDAQ 100 index

Is Gaotu Techedu in the Dow Jones?

No, Gaotu Techedu is not included in the Dow Jones index

When was Gaotu Techedu the previous earnings report?

No data

When does Gaotu Techedu earnings report?

The next expected earnings date for Gaotu Techedu is 22 November 2024