Ed tech firm Gaotu’s Q3 revenue rises on strong demand, launches new $100 million buyback program

Reuters
2025.11.26 08:36
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Gaotu's Q3 2025 revenue increased by 30.7% year-over-year due to strong market demand, while net loss narrowed significantly. The company completed an $80 million share repurchase and launched a new $100 million buyback program. Gaotu expects Q4 net revenues between RMB1,628 million and RMB1,648 million, focusing on sustainable growth and operational improvements. Analysts rate the stock as a "buy," with a median 12-month price target of $4.75, 45.1% above its recent closing price.