Gaotu Techedu Q1 Adj. EPS $0.02 Down From $0.07 YoY, Sales $244.922M Up From $205.747M YoY

Benzinga Newsdesk www.benzinga.com Negative 51.2%

Neg 51.2% Neu 0% Pos 0%

Gaotu Techedu (NYSE:GOTU) reported quarterly earnings of $0.02 per share. This is a 71.43 percent decrease over earnings of $0.07 per share from the same period last year. The company reported $244.922 million in sales this quarter. This is a 19.04 percent increase over sales of $205.747 million the same period last year.