LAIX (LAIX) Reports Q2 EPS of $0.04

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Go back to LAIX (LAIX) Reports Q2 EPS of $0.04

LAIX Inc. Announces Second Quarter 2021 Unaudited Financial Results

August 26, 2021 5:00 PM EDT

SHANGHAI, Aug. 26, 2021 /PRNewswire/ -- 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 second quarter ended June 30, 2021.

Second Quarter 2021 Financial and Operating Highlights

Net income for the second quarter of 2021 was RMB14.0 million (US$2.2 million), compared with a net income of RMB12.2 million for the previous quarter and a net loss of RMB92.5 million for the same quarter last year.... More