Gaotu Techedu (NYSE:GOTU) Releases Quarterly Earnings Results, Beats Expectations By $0.01 EPS

Gaotu Techedu (NYSE:GOTU) issued its quarterly earnings results on Wednesday. The company reported ($0.07) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.01, Zacks reports. Gaotu Techedu had a negative net margin of 26.36% and a negative return on equity of 37.79%. Gaotu Techedu updated its Q1 2025 guidance to EPS.

Gaotu Techedu Trading Up 33.0 %

GOTU stock traded up $0.84 during trading on Wednesday, hitting $3.37. 10,896,863 shares of the company’s stock were exchanged, compared to its average volume of 2,465,642. The business has a 50-day moving average price of $2.28 and a two-hundred day moving average price of $2.85. Gaotu Techedu has a 52-week low of $1.87 and a 52-week high of $8.44. The stock has a market capitalization of $873.45 million, a price-to-earnings ratio of -5.85 and a beta of 0.06.

About 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.