Gaotu Techedu GAAP EPADS of $0.02, revenue of $244.92M beats by $8.24M; gives Q2 outlook
Gaotu Techedu reported Q1 GAAP EPS of $0.02 and revenue of $244.92M, beating estimates by $8.24M with 13.2% YoY growth. Gross billings rose 12.1% to RMB996.3 million, while net operating cash outflow widened to RMB828.4 million. The company forecasts Q2 2026 total net revenues between RMB1,578 million and RMB1,598 million, representing 13.6% to 15.0% YoY growth.