Gaotu Techedu (NYSE:GOTU) reported quarterly losses of RMB(0.53) per share which beat the analyst consensus estimate of RMB(0.76) by 30.26 percent. This is a 15.22 percent decrease over losses of RMB(0.46) per share from the same period last year. The company reported quarterly sales of RMB1.39 billion which beat the analyst consensus estimate of RMB1.31 billion by 5.92 percent. This is a 82.39 percent increase over sales of RMB761.01 million the same period last year.
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