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CORRECTION: Gaotu Techedu Q4 Adj. EPS $(0.06) Beats $(0.07) Estimate, Sales $107.19M Beat $100.49M Estimate

Author: Benzinga Newsdesk | February 27, 2024 05:20am
Gaotu Techedu (NYSE:GOTU) reported quarterly losses of $(0.06) per share which beat the analyst consensus estimate of $(0.07) by 14.29 percent. This is a 220 percent decrease over earnings of $0.05 per share from the same period last year. The company reported quarterly sales of $107.19 million which beat the analyst consensus estimate of $100.49 million by 6.66 percent. This is a 17.42 percent increase over sales of $91.29 million the same period last year.

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