China Online Education Group Announces First Quarter 2020 Results
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UPDATE: China Online Education Group (COE) Tops Q1 EPS by 19c, Revenues Beat
May 26, 2020 6:50 AM EDT(Updated - May 26, 2020 6:51 AM EDT)
China Online Education Group (NYSE: COE) reported Q1 EPS of $0.25, $0.19 better than the analyst estimate of $0.06. Revenue for the quarter came in at $68.8 million versus the consensus estimate of $63.4 million.
First Quarter 2020 Financial and Operating Highlights
Excluding the favorable impact, diluted net income per American depositary share ("ADS") attributable to ordinary shareholders for the first quarter of 2020 was RMB1.51 (US$0.21) and non-GAAP diluted net income per American depositary share ("ADS") attributable to ordinary shareholders for the first quarter of 2020 was RMB1.79 (US$0.25), respectively.Net revenues... More