Brief: 17 Education & Technology Group Inc Announces Q4 And Fiscal Year 2020 Unaudited Financial Results

17 Education and Technology

08/03/2021 21:28

March 8 (Reuters) - 17 Education & Technology Group Inc
 YQ.O :
    * . ANNOUNCES FOURTH QUARTER AND FISCAL YEAR 2020 UNAUDITED
FINANCIAL RESULTS
    * Q4 REVENUE ROSE 153.1 PERCENT TO RMB 486.8 MILLION
    * QTRLY AVERAGE MAUS OF IN-SCHOOL APPLICATIONS FOR STUDENTS
WAS
20.4 MILLION, UP 28.1%
    * SEES Q1 REVENUE UP 100 TO 105.2 PERCENT
    * SEES Q1 TOTAL REVENUES BETWEEN RMB 458.0 MILLION AND RMB
470.0
MILLION
    * QTRLY NET LOSS PER ADS RMB 1.92
    * QTRLY NET LOSS PER SHARE RMB 0.77

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