17 Education & Technology(YQ) - 2023 Q1 - Quarterly Report

Exhibit 99.1 17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results BEIJING, China, March 28, 2023 — (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) ("17EdTech" or the "Company"), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2022. Fourth Quarter 2022 Highlights 1 • Net revenues were RMB39.6 million (US$5.7 million), compared w ...