Gaotu Techedu Inc (NYSE:GOTU)

$ 2.38 0.03 (1.28%) Market Cap: 605.30 Mil Enterprise Value: 354.16 Mil PE Ratio: 0 PB Ratio: 2.07 GF Score: 72/100

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$3.1 (+26.02%)

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$38.99 (-1.74%)

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Q1 2020 GSX Techedu Inc Earnings Call Transcript

May 06, 2020 / 12:00PM GMT

Release Date Price: $38.99 (-1.74%)

Transcript

Operator

Ladies and gentlemen, thank you for standing by and welcome to the GSX Techedu Inc. First Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded on Wednesday, May 6, 2020.

I would now like to hand the conference over to your first speaker today, Ms. Sandy Qin, IR Senior Manager of GSX. Thank you. Please go ahead.

Sandy Qin

GSX Techedu Inc. - Senior Manager of IR

Thank you, operator. Hello, everyone, and thank you for joining us today. GSX earnings release was distributed earlier today and is available on the company's IR website. On the call with me today are Mr. Larry Chen, GSX Founder, Chairman and Chief Executive Officer; and Ms. Shannon Shen, Chief Financial Officer. Larry will give a general overview and then Shannon will discuss the financials. Following the prepared remarks, Larry and Shannon will be available to answer your questions during the Q&A session that follows.

Before we begin, I would like to remind you that this conference call contains forward-looking statements as

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