UPDATE: China Online Education Group (COE) Tops Q1 EPS by 19c, Revenues Beat

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. COIN
5. PINS
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to UPDATE: China Online Education Group (COE) Tops Q1 EPS by 19c, Revenues Beat

China Online Education Group Announces First Quarter 2020 Results

May 26, 2020 6:46 AM EDT

BEIJING, May 26, 2020 /PRNewswire/ -- China Online Education Group ("51Talk" or the "Company") (NYSE: COE), a leading online education platform in China, with core expertise in English education, announced its unaudited financial results for the first quarter ended March 31, 2020.

First Quarter 2020 Financial and Operating Highlights

Net revenues were RMB487.1 million (US$68.8 million), a 52.2% increase from RMB320.1 million for the first quarter of 2019. Gross margin was 70.4%, compared with 67.0% for the first quarter of 2019. GAAP net income was RMB50.8 million, compared with GAAP... More