Core Viewpoint - Gaotu (GOTU.US) reported strong Q2 earnings, with revenue exceeding guidance and a significant reduction in operating losses, indicating positive growth momentum in the education sector [1] Financial Performance - Revenue for Q2 reached 1.3894 billion yuan, a year-on-year increase of 37.6%, surpassing the company's upper guidance by 5.4% [1] - Operating loss narrowed to 241.9 million yuan from 464.8 million yuan in the same period last year [1] - Gross profit was 916.5 million yuan, reflecting a year-on-year growth of 31.6% [1] - Cash collections during the period amounted to 2.25 billion yuan, up 36.2% year-on-year [1] Share Buyback Program - As of August 25, 2025, the company has repurchased over 24.8 million American Depositary Shares, totaling approximately 560 million yuan [1] - In May 2025, the board approved a new stock repurchase plan allowing for the buyback of up to 100 million USD worth of stock over the next three years following the completion of the existing plan [1] Future Outlook - For Q3, the company expects revenue to be between 1.558 billion and 1.578 billion yuan, with a year-on-year growth rate projected between 28.9% and 30.6% [1]
高途盘前涨超3%,二季度营收13.894亿同比增长超37%+新增1亿美元回购计划