On June 18th, Gelunhui reported that 51 Talk (COE.US) rose by more than 16% with the highest reaching 9.8 US dollars, hitting a new high since November 2021. In terms of news, 51 Talk announced its financial report for the first quarter of 2024, with a total billings revenue of 12.6 million US dollars, a year-on-year increase of 55.6%; net revenue was 9.4 million US dollars, a year-on-year increase of 70.1%; gross margin was 77.5%, compared to 77.6% in the same period last year, and operationally, the number of quarterly active students participating in courses in the first quarter was about 46,200, a year-on-year increase of 83.3%.
美股异动｜51 Talk大涨超16%创逾两年半新高 一季度净营收同比增长70.1%
U.S. stocks are volatile | 51 Talk soared more than 16%, reaching a new two-and-a-half-year high, with net revenue in the first quarter up 70.1% year-on-year.
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