Changes in US stocks | Gaotu closed up 6.67%. BOC International expects its total revenue for the first quarter to increase 32% year over year
On April 26 | GOTU.US (GOTU.US) closed up 6.67% to $6.88. According to the BOC International Research Report, Gaotu's total revenue for the first quarter of 2024 is expected to increase 32% year-on-year to 937 million yuan (RMB, same below). Compared with the previous company's guidance of 908 million yuan to 928 million yuan (up 8.4% to 31.2% year on year), education service revenue is expected to increase 31%, of which K12 will increase 33% and college student income will increase 26%.
Changes in US stocks | China's education sector rose higher (GOTU.US) by more than 7%
The education sector in China is rising. As of press release, the high road has risen by more than 7%
Gaotu Techedu, Coffee Holding Among Consumer Staples Movers
Express News | Gaotu established Xinjian Intelligent Technology Company, which includes multiple AI businesses
Behind the popularity of Dongfang Selection Live Streaming, Education and Training Company has already left the market at a loss
Recently, there has been a marked decline in the number of people on Gaotu Jiapin's live broadcast room. During most periods, the number of people online at the same time did not exceed 1,000, and the daily delivery amount was about 250,000 yuan to 500,000 yuan.
ELF, GOTU Among Consumer Staples Movers
12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
GainersYunji (NASDAQ:YJ) stock rose 12.7% to $0.79 during Tuesday's pre-market session. The market value of their outstanding shares is at $15.9 million. ZHONGCHAO (NASDAQ:ZCMD) stock moved upwards by
LQR, BYND Among Consumer Staples Movers
Changes in US stocks | China's education stocks continued to rise at a high pace (GOTU.US) and rose nearly 6%
China's education stocks continued their gains. As of press release, Gaotu had risen nearly 6%
CLSA Upgrades Gaotu Techedu to Outperform, Announces $8.65 Price Target
CLSA analyst Jeffrey Chan upgrades Gaotu Techedu from Underperform to Outperform and announces $8.65 price target.
BYND, BGS Among Consumer Staples Movers
A-share changes丨Education stocks continue to be strong, with Meijim's 5-game streak, driven by an overnight surge of more than 30%
Gelonghui, Feb. 28 | The A-share education sector continued to rise, with Meijim 5 consecutive games, and Onli Education, Cod Education, CCP Education, and Kevin Education. Overnight, US stocks surged more than 30% due to performance exceeding expectations.
GOTU.US (GOTU.US) closed up 30.64%
On Feb. 28 | GOTU.US (GOTU.US) closed up 30.64% overnight to $7.76. According to Gaotu's earnings report released yesterday, revenue for the fourth quarter was 761 million yuan, up 20.9% year on year, exceeding expectations; revenue for the entire 2023 fiscal year was 2,9608 million yuan, an increase of 18.5%.
Express News | Another major explosion of Chinese assets
Futu Morning Post | The US government is once again close to shutdown; Apple may abandon plans to build cars and increase generative AI
Federal Reserve Bowman reiterated that it is still too early to cut interest rates, and even recommended retaining the option to raise interest rates; traders have surrendered! There are only 3 expectations left for the Federal Reserve to cut interest rates this year; Viking Therapeutics surged by more than 121%, and the new drug data shook the “twin weight loss drugs.”
ADRs End Higher; Gaotu Techedu Climbs 31%
This article was automatically generated by MarketWatch using technology from Automated Insights. International stocks trading in New York closed higher on Tuesday, as the S&P/BNY Mellon index of Ame
Earnings Call Summary | Gaotu Techedu(GOTU.US) Q4 2023 Earnings Conference
The following is a summary of the Gaotu Techedu Inc. (GOTU) Q4 2023 Earnings Call Transcript:Financial Performance:Gaotu Techedu reported a Q4 revenue increase of 20.9% year-over-year and 18.5% for th
12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
GainersGaotu Techedu (NYSE:GOTU) shares rose 29.5% to $7.69 during Tuesday's regular session. The market value of their outstanding shares is at $2.0 billion. The company's, Q4 earnings came out today
Changes in US stocks | Fourth quarter revenue exceeded expectations (GOTU.US) rose more than 20%
As of press release, the stock had risen more than 20% to $7.15
Changes in US stocks | Gaotu rose more than 10%. Last year's net revenue increased 18.5% year-on-year
GLONGHUI Feb. 27 | GOTU.US (GOTU.US) rose more than 10%, hitting a high of $6.59, a new high since August 2021. Gaotu's net revenue in 2023 was 2,9608 million yuan, up 18.5% year on year, of which cash revenue was 3.338.8 billion yuan, up 31.7% year on year. Net profit was $51.1 million without US GAAP.
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