51Talk Online Education Group Q3 Loss Decreases

51Talk Online Education Group (COE) announced Loss for third quarter that decreased from the same period last year

The company's bottom line came in at -$0.63 million, or -$0.11 per share. This compares with -$3.86 million, or -$0.68 per share, in last year's third quarter.

Excluding items, 51Talk Online Education Group reported adjusted earnings of -$0.43 million or -$0.07 per share for the period.

The company's revenue for the quarter rose 79.4% to $14.05 million from $7.83 million last year.

51Talk Online Education Group earnings at a glance (GAAP) :

-Earnings (Q3): -$0.63 Mln. vs. -$3.86 Mln. last year.
-EPS (Q3): -$0.11 vs. -$0.68 last year.
-Revenue (Q3): $14.05 Mln vs. $7.83 Mln last year.

by RTTNews Staff Writer

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