Gaotu Techedu reports Q2 earnings; sees Q3 net revenue between RMB576M and RMB596M
Gaotu Techedu press release: Q2 GAAP EPS of -$0.03.
Revenue of $80.29M (-75.9% Y/Y).
Gross billings were RMB611.7M, compared with gross billings of RMB2,694.7M in the same period of 2021.
Non-GAAP gross profit margin increased to…