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Gaotu Techedu | 6-K: Report of foreign private issuer (related to financial reporting)

Gaotu Techedu | 6-K: Report of foreign private issuer (related to financial reporting)

高途 | 6-K:外國發行人報告(業績相關)
美股SEC公告 ·  2024/12/04 11:07

牛牛AI助理已提取核心訊息

Gaotu Techedu reported strong revenue growth of 53.1% YoY to RMB1.2 billion in Q3 2024, driven by a 67.2% increase in gross billings to RMB1.1 billion. However, net loss expanded to RMB471.3 million from RMB57.7 million a year ago as the company significantly increased investments in workforce expansion and marketing.The company's aggressive growth strategy led to a 97.1% rise in cost of revenues and an 89.1% surge in operating expenses. Despite wider losses, Gaotu maintained a solid financial position with RMB3.3 billion in cash and investments. The company also expanded its share buyback program from US$30 million to US$80 million, demonstrating confidence in long-term prospects.Looking ahead, Gaotu expects Q4 2024 revenues between RMB1,288-1,308 million, representing 69.2-71.9% YoY growth. The company's deferred revenue balance grew 89% YoY to over RMB1.4 billion, indicating strong future revenue visibility despite near-term profitability challenges.
Gaotu Techedu reported strong revenue growth of 53.1% YoY to RMB1.2 billion in Q3 2024, driven by a 67.2% increase in gross billings to RMB1.1 billion. However, net loss expanded to RMB471.3 million from RMB57.7 million a year ago as the company significantly increased investments in workforce expansion and marketing.The company's aggressive growth strategy led to a 97.1% rise in cost of revenues and an 89.1% surge in operating expenses. Despite wider losses, Gaotu maintained a solid financial position with RMB3.3 billion in cash and investments. The company also expanded its share buyback program from US$30 million to US$80 million, demonstrating confidence in long-term prospects.Looking ahead, Gaotu expects Q4 2024 revenues between RMB1,288-1,308 million, representing 69.2-71.9% YoY growth. The company's deferred revenue balance grew 89% YoY to over RMB1.4 billion, indicating strong future revenue visibility despite near-term profitability challenges.
高途在2024年第三季度報告了53.1%的營業收入強勁增長,達到人民幣12億,推動因素是毛賬單增加67.2%,達到人民幣11億。然而,淨虧損擴大至人民幣47130萬,較去年580萬有所增加,因爲公司大幅增加了員工擴張和市場營銷的投資。公司的激進增長策略導致營業收入成本上漲97.1%,營業費用飆升89.1%。儘管虧損加大,高途保持了堅實的財務狀況,現金及投資達人民幣33億。公司還將股票回購計劃從3000萬美元擴大至8000萬美元,顯示出對長期前景的信懇智能。展望未來,高途預計2024年第四季度的營業收入將在人民幣128800萬至130800萬之間,同比增長69.2-71.9%。公司的遞延收入餘額同比增長89%,超過人民幣14億,儘管短期盈利面臨挑戰,但強勁的未來營業收入可見性將得到指引。
高途在2024年第三季度報告了53.1%的營業收入強勁增長,達到人民幣12億,推動因素是毛賬單增加67.2%,達到人民幣11億。然而,淨虧損擴大至人民幣47130萬,較去年580萬有所增加,因爲公司大幅增加了員工擴張和市場營銷的投資。公司的激進增長策略導致營業收入成本上漲97.1%,營業費用飆升89.1%。儘管虧損加大,高途保持了堅實的財務狀況,現金及投資達人民幣33億。公司還將股票回購計劃從3000萬美元擴大至8000萬美元,顯示出對長期前景的信懇智能。展望未來,高途預計2024年第四季度的營業收入將在人民幣128800萬至130800萬之間,同比增長69.2-71.9%。公司的遞延收入餘額同比增長89%,超過人民幣14億,儘管短期盈利面臨挑戰,但強勁的未來營業收入可見性將得到指引。

譯文內容由第三人軟體翻譯。


牛牛AI助手部分由第三方人工智慧模型基於資訊內容自動產生。


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