China Online Education Group Announces Second Quarter 2019 Results
51Talk Online Education Group American depositary shares, each representing 60 Class A ordinary shares (COE)
Last 51talk online education group american depositary shares, each representing 60 class a ordinary shares earnings: 5/22 05:00 am
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Source: PR Newswire
BEIJING, Sept. 11, 2019 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE:COE), a leading online education platform in China, with core expertise in English education, today announced its unaudited financial results for the second quarter ended June 30, 2019.Second Quarter 2019 Financial and Operating Highlights Net revenues were RMB353.4 million (US$51.5 million), a 25.4% increase from RMB281.7 million for the second quarter of 2018. Gross billings were RMB498.5 million (US$72.6 million), an 18.7% increase from RMB420.0 million for the second quarter of 2018. Gross margin was 69.6%, compared with 65.7% for the second quarter of 2018. GAAP net loss decreased 56.1% year-over-year to RMB32.4 million and sequentially decreased 48.9% from RMB63.3 million for the first quarter of 2019. Non-GAAP net loss decreased 60.2% year-over-year to RMB26.7 million and sequentially decreased 55.0% from RMB59.5 million for the first quarter of 2019. Operating cash inflow was
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COE
News
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 51Talk Online Education Group (NYSE: COE) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- China Online Education Group (NYSE:COE) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
COE
Sec Filings
- 3/22/24 - Form 6-K
- 2/29/24 - Form SC
- 2/22/24 - Form SC
- COE's page on the SEC website