LAIX (LAIX) Misses Q4 EPS by 10c, Revenues Beat

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Go back to LAIX (LAIX) Misses Q4 EPS by 10c, Revenues Beat

LAIX Inc. Announces Fourth Quarter and Full Year 2018 Unaudited Financial Results

February 27, 2019 5:10 AM EST

Fourth quarter 2018 net revenues increased by 195.1% year-over-year

Fourth quarter 2018 gross billings1 increased by 171.7% year-over-year

Full year 2018 net revenues increased by 284.9% year-over-year

Full year 2018 gross billings increased by 215.2% year-over-year

SHANGHAI--(BUSINESS WIRE)-- LAIX Inc. (LAIX or the Company) (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2018.

Fourth Quarter 2018 Financial and Operating Highlights

... More