US Stock Price Fluctuated | Revenue in the fourth quarter exceeded expectations, with GaoTu (GOTU.US) rising more than 20%.

On Tuesday, the stock price of GOTU.US rose, as of the time of writing, the stock increased by over 20%, reaching $7.15. The previously released financial report showed that the company's Q4 revenue in 2023 was $761 million, a year-on-year growth of 20.9%, exceeding expectations; cash revenue increased by 28.1% year-on-year to $1.28 billion, showing an accelerating trend. The full year cash revenue for 2023 was $3.339 billion, a year-on-year increase of 31.7%.