Gaotu Techedu Q2 Adj. EPS $(0.08) Up From $(0.12) YoY, Sales $246.138M Up From $193.951M YoY

Benzinga Newsdesk www.benzinga.com Negative 66.9%

Neg 66.9% Neu 0% Pos 0%

Gaotu Techedu (NYSE:GOTU) reported quarterly losses of $(0.08) per share. This is a 33.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported $246.138 million in sales this quarter. This is a 26.91 percent increase over sales of $193.951 million the same period last year.