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COE

China Online Education Group

https://www.51talk.com

Industry

Education & Training Services

China Online Education Group, through its subsidiaries, provides online English language education services to students in the People's Republic of China, the Philippines, and internationally. The company operates online and mobile education platforms that enable students to take live interactive English lessons with international teachers. Its flagship courses include Classic English Junior and Classic English for the development of English communication skills. It also offers Small Class lessons and programs; 51 Talk New Concept English course; and various specialty courses, such as Business English, IELTS Speaking, Free-talk, Interview English, Travel English, and Daily English for situation-based English education. China Online Education Group was founded in 2011 and is headquartered in Shenzhen, the People's Republic of China.

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51 Talk Online Education reported a significant improvement in its financial performance for Q2, with adjusted EPADS improving from $(0.48) to $(0.18) year-over-year and sales increasing from $6.26 million to $10.96 million.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 9:55 am

51Talk Online Education reported a significant increase in gross billings for Q2 2024, reaching $15.9 million, which is a 61.3% growth compared to the same period in 2023.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 9:36 am

51Talk Online Education projects its Q3 2024 net gross billings to be between $17 million and $18 million, indicating a sequential growth of 7.2% to 13.5%.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 9:35 am

51 Talk Online Education reported a significant improvement in its financial performance for Q2, with adjusted EPADS improving to $(0.18) from $(0.48) year-over-year, and sales increasing to $11.81 million from $6.26 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 9:33 am

U.S. stocks closed lower as investors await Fed Chair Jerome Powell's speech at the Jackson Hole Economic Symposium. Williams-Sonoma shares fell over 9% after Q2 results, while Peloton shares surged 35% on better-than-expected earnings. The CNN Money Fear and Greed index remained in the 'Neutral' zone.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 6:40 am

Intuit, Ross Stores, 51Talk Online Education, Workday, and Red Robin Gourmet Burgers are stocks to watch as they report earnings and provide guidance. Intuit and Ross Stores reported strong earnings, while Red Robin missed expectations.

Portfolio Pulse from Avi Kapoor

August 23, 2024 | 6:20 am

51Talk Online Education Group reported significant growth in its Q1 2024 financial results, with gross billings up by 55.6% YoY to $12.6M and net revenues increasing by 70.1% YoY to $9.4M. The number of active students also saw a substantial rise of 83.3% YoY.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:04 am

51Talk Online Education Group expects Q2 2024 net gross billings to be between $13.5 million and $14.0 million, representing a sequential growth of 7.5% to 11.5%.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:03 am

51 Talk Online Education reported its Q1 financial results with an adjusted EPADS of $(0.60), down from $(0.39) year-over-year, and sales of $9.45 million, up from $5.55 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:01 am

51Talk Online Education projects its Q1 2024 net gross billings to range between $11.5M and $12M, indicating a sequential growth of 3.6% to 8.1% and a year-over-year increase of 43.8% to 50.0%.

Portfolio Pulse from Benzinga Newsdesk

March 22, 2024 | 10:07 am

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