Gaotu Techedu Inc. (GOTU) announced a profit for first quarter that Dropped, from the same period last year
The company's bottom line totaled RMB34.51 million, or RMB0.14 per share. This compares with RMB123.99 million, or RMB0.49 per share, last year.
The company's revenue for the period rose 13.1% to RMB1.689 billion from RMB1.493 billion last year.
Gaotu Techedu Inc. earnings at a glance (GAAP) :
-Earnings: RMB34.51 Mln. vs. RMB123.99 Mln. last year.-EPS: RMB0.14 vs. RMB0.49 last year.-Revenue: RMB1.689 Bln vs. RMB1.493 Bln last year.
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