Gaotu Techedu Inc (MEX:GSX)

MXN 60 0 (0%) Market Cap: 12.11 Bil Enterprise Value: 7.20 Bil PE Ratio: 0 PB Ratio: 2.02 GF Score: 71/100

Q1 2022 Gaotu Techedu Inc Earnings Call Transcript

Jun 06, 2022 / 12:00PM GMT

Release Date Price: MXN73.8

Transcript

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc. First Quarter 2022 Earnings Conference Call. (Operator Instructions) Please note, today's event is being recorded on Monday, June 6, 2022. I would now like to hand the conference over to your first speaker today, Ms. Sherry Liu, IR Manager to Gaotu. Thank you, and please go ahead.

Sherry Liu

Gaotu Techedu Inc. - IR Manager

Thank you very much, operator. Good evening, everyone, and thank you for joining us on our first quarter 2022 earnings conference call. Gaotu's first quarter earnings release was published earlier today and is available on the company's IR website at ir.gaotu.cn.

On the call with me tonight are Mr. Larry Chen, Gaotu's Founder, Chairman and Chief Executive Officer; and Ms. Shannon Shen, Gaotu's Chief Financial Officer. Larry will give a general business overview for the quarter, and then Shannon will discuss the financials. Following their remarks, Larry and Shannon will be available for the Q&A session. I will translate for Larry.

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