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Gaotu Techedu Q2 EPS $(0.23) Misses $(0.21) Estimate, Sales $138.95M Beat $137.45M Estimate

Benzinga·08/27/2024 06:14:31
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Gaotu Techedu (NYSE:GOTU) reported quarterly losses of $(0.23) per share which missed the analyst consensus estimate of $(0.21) by 9.52 percent. This is a 818.75 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $138.95 million which beat the analyst consensus estimate of $137.45 million by 1.09 percent. This is a 43.31 percent increase over sales of $96.96 million the same period last year.