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YQ - 17 Education & Technology Group Inc
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Stock news

    Q4 2023 17 Education & Technology Group Inc Earnings Call

    BEIJING, March 21, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights1 Net revenues were RMB47.3 million (US$6.7 million), compared with net revenues of RMB39.6 million in the fourth quarter of 2022.Gross margin was 43.4%, compared with 52.1% in the fourth

    BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on March 20, 2024 after the close of U.S. markets. The Company’s management will hold an earnings conference call on Wednesday, March 20, 2024 at 9:00 p.m. U.S. Eastern Time (Thursday, March 21,

    BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the

    BEIJING, Dec. 13, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares, ef

    BEIJING, Dec. 07, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Highlights1 Net revenues were RMB45.1 million (US$6.2 million), compared with net revenues of RMB124.6 million in the third quarter of 2022.Gross margin was 54.1%, compared with 74.5% in the third quarter of 2022.Net loss was RMB

    BEIJING, China, Nov. 30, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, on December 6, 2023 after the close of U.S. markets. The Company’s management will hold an earnings conference call on Wednesday, December 6, 2023 at 8:00 p.m. U.S. Eastern Time (Thursday, December 7, 202

    Q2 2023 17 Education & Technology Group Inc Earnings Call

    BEIJING, China, Aug. 29, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2023. Second Quarter 2023 Highlights1 Net revenues were RMB69.2 million (US$9.5 million), compared with net revenues of RMB133.5 million in the second quarter of 2022.Gross margin was 48.3%, compared with 52.2% in the second quarter of 2022.Net l

    BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, on August 28, 2023 after the close of U.S. markets. The Company’s management will hold an earnings conference call on Monday, August 28, 2023 at 9:00 p.m. U.S. Eastern Time (Tuesday, August 29, 2023 at 9:00 a.m. Bei