US Stock Market Move | Gaotu Techedu, Inc. Sponsored ADR Class A (GOTU.US) rose nearly 9% with cash flow in the second quarter increasing by 46.3% year-on-year.
On Tuesday, Gaotu (GOTU.US) rose nearly 9%, closing at $2.08.
On Tuesday, Gaotu Techedu, Inc. Sponsored ADR Class A (GOTU.US) rose nearly 9%, closing at $2.08. The financial report showed that in the second quarter, the company achieved revenue of 1.67 billion yuan, a year-on-year increase of 20.2%; the adjusted operating loss was 143 million yuan, narrowing by 38.5% compared to the same period last year; the company's operating net cash inflow was 861 million yuan, up 46.3% year-on-year. During the reporting period, the company's operating expenses as a percentage of revenue decreased by 7.9 percentage points year-on-year, further improving operational efficiency. Gaotu Techedu, Inc. Sponsored ADR Class A expects revenue for the third quarter of 2026 to be between 1.838 billion and 1.858 billion yuan, with a year-on-year growth rate expected to be between 16.4% and 17.7%.
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