Gaotu(GOTU)
Search documents
Gaotu(GOTU) - 2024 Q1 - Earnings Call Transcript
2024-05-21 15:04
Gaotu Techedu Inc. (NYSE:GOTU) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Catherine Chen - Head of IR Larry Chen - Founder, Chairman and CEO Shannon Shen - CFO Conference Call Participants Alice Cai - Citi Research Jeffrey Chan - CLSA Operator Ladies and gentlemen, thank you for standing by and welcome to the Gaotu Techedu [Fourth Quarter and Fiscal Year 2023] (ph) Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note t ...
Gaotu(GOTU) - 2024 Q1 - Quarterly Report
2024-05-21 10:05
Exhibit 99.1 Gaotu Techedu Announces First Quarter 2024 Unaudited Financial Results Beijing, China, May 21, 2024 —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 first quarter ended March 31, 2024. First Quarter 2024 Highlights[1] • Net revenues were RMB946.9 million, increased by 33.9% from RMB707.3 million in the same period of 2023. • Gross b ...
Gaotu Techedu Announces First Quarter 2024 Unaudited Financial Results
prnewswire.com· 2024-05-21 06:00
BEIJING, May 21, 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 first quarter ended March 31, 2024.First Quarter 2024 Highlights[1]Net revenues were RMB946.9 million, increased by 33.9% from RMB707.3 million in the same period of 2023.Gross billings[2] were RMB729.4 million, increased by 35.3% from RMB539.0 million in the s ...
Gaotu Techedu to Report First Quarter 2024 Financial Results on May 21, 2024
PRNewsWire· 2024-04-30 06:00
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, today announced that it will report its financial results for the first quarter ended March 31, 2024, before U.S. markets open on Tuesday, May 21, 2024.Gaotu's management will hold 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). D ...
24Q1前瞻:收款健康增长,获客效率提升
广发证券· 2024-04-30 03:03
[Table_Page] 跟踪研究|媒体Ⅱ 证券研究报告 [【Table_T广itle] 发 传 媒 & 海 外 】 高 途 集 团 [公Tab司le_I评nve级st] 买入 当前价格 6.70美元 (GOTU) 合理价值 8.12美元 前次评级 买入 24Q1 前瞻:收款健康增长,获客效率提升 报告日期 2024-04-29 [ 核Tabl 心e_Su 观mm 点ary] : [相Tab对le_P市icQ场uote表] 现 GOTU US EQUITY SPX Index ⚫ 24Q1前瞻:预计收入维持指引,调高收款增速。预计24Q1实现收入 40.0% 9.25亿元,YoY+30.8%,预计落在23Q4财报28.4-31.2%的指引增速 区间。预计收款6.98亿元,YoY+29.5%,主要由于良好的K12用户拉 20.0% 新驱动,若考虑春节错期因素进行调整后,预计收款增速同增70%。 0.0% ⚫ 预计非学科培训收入高增,K12 收入占比提升。(1)预计 Q1 非学科 培训收入 1.97 亿元,YoY+55%,收入占比 21%。(2)预计传统学习 -20.0% 服务收入 5.33 亿元,YoY+30% ...
Gaotu Techedu Files Its Annual Report on Form 20-F
Prnewswire· 2024-04-25 12:30
BEIJING, April 25, 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 filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission. The annual report on Form 20-F can be accessed on the Company's investor relations website at https://ir.gaotu.cn/. The Company will provide a hard copy of its annual report cont ...
Gaotu(GOTU) - 2023 Q4 - Annual Report
2024-04-25 12:22
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ...
1季度业绩预期上调,行业需求稳健
交银国际证券· 2024-04-24 08:32
交银国际研究 公司更新 教育 收盘价 目标价 潜在涨幅 2024年4月23日 美元6.49 美元9.10 +40.2% 高途 (GOTU US) 1 季度业绩预期上调,行业需求稳健 2024 年1 季度业绩预览:我们预计总收入同比增32%至9.37亿元(人民 个股评级 币,下同),对比此前公司指引的 9.08 亿元-9.28 亿元(同比增 8.4%- 买入 31.2%)。预计Non-GAAP净亏损约600万元(原预测为亏损2500万元), 主要受益于续班周期后移,营销费用低于预期影响。 1年股价表现 预计教育服务收入增31%,其中K12增33%,大学生成人收入增26%。1) GOTU US K12业务:受到寒假需求持续拉动,及营销转化提升,K12业务收款及确 140% MSCI中国指数 120% 收口径增速均保持强劲,我们估算1季度K12收入增速33%,其中K9非学 100% 科翻倍增长。2)大学生成人:课程调整迅速,4季度收款已恢复正增长, 80% 60% 拉动确收口径增速超过25%。 40% 20% 0% 估算线下素养业务教学点超过25 个,对1 季度毛利率影响约2-3 个百分 -20% -4 ...
K12教育老兵,盈利逐步复苏
天风证券· 2024-04-10 16:00
海外公司报告 | 首次覆盖报告 高途集团(GOTU) 证券研究报告 2024年04月 08日 投资评级 K12 教育老兵,盈利逐步复苏 6个月评级 买入(首次评级) 在线教育领先全国,聚焦 K12教培市场 作者 高途集团是中国领先的互联网教育科技公司之一,秉承“在线学习更高效” 孙海洋 分析师 的理念,坚持“好老师、好课程、好服务、高科技”,通过专职专业的教学 SAC执业证书编号:S1110518070004 辅导团队和强大的技术能力,致力于为学生和家长提供个性化、互动化、 sunhaiyang@tfzq.com 智能化的在线学习体验。全力打造“直播+辅导”双师模式,打造上千门精 品课程,提供的课程服务涵盖小学、初中、高中、大学、成人英语、思维 相关报告 训练、瑜伽、家庭教育、国学、从业考证等几十个品类。 1 《-公司动态研究:FY20Q4 净收增 盈利能力稳步复苏,精细化运营初见成效 136.5% , 关 注 研发 和 服务 质量 》 2021-03-07 收入稳步增长,现金收入增幅呈加速趋势。公司2023年营收29.61亿元, 2 《-公司动态研究:FY20Q3 净收增 同增18.52%,增长原因系市场需 ...
Gaotu(GOTU) - 2023 Q4 - Earnings Call Transcript
2024-02-27 18:38
Gaotu Techedu Inc. (NYSE:GOTU) Q4 2023 Results Earnings Conference Call February 27, 2024 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 Timothy Zhao - Goldman Sachs Alice Cai - Citi Research Yishan Li - China Merchants Securities (Hong Kong) Operator Good day. And welcome to Gaotu Techedu Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. All ...