Brief: Gaotu Techedu Says Q2 Revenue Rose 30.7 Percent To RMB 703.1 Mln

Gaotu Techedu

30/08/2023 05:08

Aug 30 (Reuters) - Gaotu Techedu Inc  GOTU.N :
    * GAOTU TECHEDU ANNOUNCES SECOND QUARTER OF 2023 UNAUDITED
FINANCIAL RESULTS
    * Q2 REVENUE ROSE 30.7 PERCENT TO RMB 703.1 MILLION
    * BASIC AND DILUTED NET INCOME PER ADS WERE BOTH RMB0.21 IN
Q2 OF
2023
    * NON-GAAP BASIC AND DILUTED NET INCOME PER ADS WERE RMB0.24
AND
RMB0.23, RESPECTIVELY, IN Q2 OF 2023
    * NET REVENUES FOR Q3 2023 ARE EXPECTED TO BE BETWEEN RMB728
MILLION AND RMB748 MILLION, INCREASE OF 20.1% TO 23.4% ON
YEAR-OVER-YEAR BASIS

Source text for Eikon:  ID:nPn233DTya 
Further company coverage:  GOTU.N 

 ((Reuters.Briefs@thomsonreuters.com;))