Gaotu Techedu Inc Stock Price, News & Analysis

Gaotu Techedu (NYSE: GOTU), a Chinese AI-powered education technology company, has scheduled its Q2 2025 earnings release for August 26, 2025, before U.S. markets open. The company will host an earnings conference call at 8:00 AM ET on the same day.

The conference call will be accessible via multiple channels, including international and domestic dial-in numbers, and will be available for replay through September 2, 2025. A live and archived webcast will also be accessible through the company's investor relations website.

Gaotu Techedu (NYSE: GOTU) reported strong Q1 2025 financial results and announced a new share repurchase program. Net revenues increased by 57.7% year-over-year to RMB1,493.0 million. The company achieved profitability with net income of RMB124.0 million, compared to a net loss of RMB12.3 million in Q1 2024. Non-GAAP net income surged by 4,419.2% to RMB137.3 million.

The Board approved a new US$100 million share repurchase program for the next three years, effective upon completing the current program. Under the existing program, GOTU has repurchased approximately 22.3 million ADSs for US$67.5 million. For Q2 2025, the company expects revenues between RMB1,298-1,318 million, representing 28.5-30.5% year-over-year growth.

Gaotu Techedu (NYSE: GOTU), a Chinese technology-driven education company and online large-class tutoring service provider, has scheduled its first quarter 2025 financial results announcement for May 15, 2025, before U.S. markets open.

The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time) on the same day. Participants can join using international dial-in numbers provided for the United States, Hong Kong, and Mainland China.

A telephone replay service will be available for one week until May 22, 2025. Additionally, interested parties can access a live and archived webcast of the conference call through the company's investor relations website at https://ir.gaotu.cn/home.

Gaotu Techedu (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission.

The report is accessible on the company's investor relations website at https://ir.gaotu.cn/. Shareholders and ADS holders can request a free hard copy of the annual report containing audited consolidated financial statements from the company's Investor Relations Department at their Beijing headquarters.

Gaotu Techedu (NYSE: GOTU) announced changes in its Board composition effective April 22, 2025. Mr. Ming Liao has resigned as an independent director and stepped down from his positions on the audit committee, compensation committee, and as chair of the nominating and corporate governance committee.

The company appointed Mr. Hao Sun as a new independent director, filling all the positions vacated by Mr. Liao. Sun, a Tenured Associate Professor at Renmin University's Gaoling School of Artificial Intelligence, brings extensive academic experience in AI applications across science, engineering, and education. He has authored 80 peer-reviewed publications and received notable recognitions including Forbes '30 Under 30' in Science and the MIT Technology Review Intelligent Computing Innovator Award of China.

Gaotu Techedu (NYSE: GOTU), a Chinese technology-driven education company specializing in online large-class tutoring, has announced its financial outlook for 2025. The company projects a meaningful reduction in non-GAAP operating loss for 2025 compared to 2024.

The financial projections take into account anticipated cost and expense trends, including lease commitments, while considering growth across both online and offline operations. The company emphasizes its commitment to providing transparent disclosures to investors, adhering to applicable accounting principles and standards.

Gaotu Techedu (NYSE: GOTU) reported its Q4 and FY2024 financial results. In Q4, net revenues increased 82.5% YoY to RMB1,388.6 million, while gross billings grew 69.0% to RMB2,160.2 million. The company recorded a Q4 net loss of RMB135.8 million.

For FY2024, net revenues rose 53.8% to RMB4,553.6 million, with gross billings up 68.1% to RMB5,612.4 million. The company reported a wider net loss of RMB1,049.0 million compared to RMB7.3 million in 2023. Cash position stood at RMB4.1 billion as of December 31, 2024.

The company has repurchased approximately 16.0 million ADSs for US$47.5 million under its expanded US$80 million share repurchase program. For Q1 2025, Gaotu expects net revenues between RMB1,408-1,428 million, representing 48.7-50.8% YoY growth.

Gaotu Techedu (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, has scheduled its fourth quarter and fiscal year 2024 financial results announcement for February 26, 2025, before U.S. markets open.

The company will host an earnings conference call at 8:00 AM U.S. Eastern Time (9:00 PM Beijing/Hong Kong Time) on the same day. A telephone replay will be available until March 5, 2025, and a live and archived webcast can be accessed through the company's investor relations website.

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 increased 89.1% to RMB1,268.6 million, primarily due to workforce expansion and higher marketing costs. As of September 30, 2024, Gaotu had RMB3,310.0 million in cash and investments. The company expects Q4 2024 revenues between RMB1,288-1,308 million, representing 69.2-71.9% year-over-year growth.