Gaotu Techedu Sees 3Q23 Net Revenues Of RMB728M-RMB748M, Growth Of 20.1%-23.4% YoY
Portfolio Pulse from Benzinga Newsdesk
Gaotu Techedu forecasts its 3Q23 net revenues to be between RMB728M and RMB748M, representing a YoY growth of 20.1%-23.4%.
August 30, 2023 | 6:24 am
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POSITIVE IMPACT
Gaotu Techedu's projected increase in 3Q23 net revenues could potentially boost investor confidence and positively impact its stock price.
The projected increase in Gaotu Techedu's 3Q23 net revenues indicates a positive financial outlook for the company. This could potentially attract more investors, leading to an increase in demand for its shares and subsequently, a rise in its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100