Gaotu Techedu Q2 Adj. EPS $(0.08) Up From $(0.12) YoY, Sales $246.138M Up From $193.951M YoY
Gaotu Techedu (NYSE:GOTU) reported quarterly losses of $(0.08) per share. This is a 33.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported $246.138 million in sales
Gaotu Techedu lost less money per share than last year and made more sales. When a company that's losing money starts losing *less* money while growing sales, it means the business is moving in a better direction.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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