Gaotu Techedu Inc - ADR

:GSX   3:59:59 PM EDT
-0.08 (-2.17%)
Other Pre-Announcement

GSX Techedu Announces Q4 Results

Published: 03/05/2021 05:21 GMT
(GSX) - Gsx Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results.
Q4 Revenue Rose 136.5 Percent to Rmb 2.211 Billion.
Sees Q1 Revenue Rmb 1.816 Billion to Rmb 1.856 Billion.
Sees Q1 Revenue Up 40 to 43 Percent.
Qtrly Non-GAAP Net Loss Was Rmb554.4 Million, Compared With Non-GAAP Net Income of Rmb197.8 Million in Same Period of 2019.
Q4 Loss From Operations Was Rmb696.1 Million, Compared With Income From Operations of Rmb167.6 Million in Q4 of 2019.
Q4 Net Loss per Ordinary Share $3.88.