The Benchmark Company downgraded China Online Education from Buy to Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/7/2021 | $32.00 → $9.00 | Buy | Needham |
| 7/26/2021 | Buy → Hold | Benchmark | |
| 7/26/2021 | Buy → Hold | The Benchmark Company | |
| 7/22/2021 | $36.00 → $32.00 | Buy | Needham |
First Quarter 2024 Financial and Operating Highlights Gross billings[1] for the first quarter of 2024 were US$12.6 million, a 55.6% growth from the first quarter of 2023. Net revenues were US$9.4 million for the first quarter of 2024, a 70.1% increase from US$5.6 million for the first quarter of 2023. The number of quarterly active students with attended lesson consumption was approximately 46,200 in the first quarter of 2024, representing a 83.3% increase from approximately 25,200 for the first quarter of 2023.
Outlook For the second quarter of 2024, the Company currently expects net gross billings to be between $13.5 million and $14.0 million, which would represent a sequential growth of 7.5% to 11.5%.
6-K - 51Talk Online Education Group (0001659494) (Filer)
6-K - 51Talk Online Education Group (0001659494) (Filer)
6-K - 51Talk Online Education Group (0001659494) (Filer)
SC 13D/A - 51Talk Online Education Group (0001659494) (Subject)
SC 13D/A - 51Talk Online Education Group (0001659494) (Subject)
SC 13D/A - 51Talk Online Education Group (0001659494) (Subject)
BEIJING, May 17, 2021 /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, 2021. First Quarter 2021 Financial and Operating Highlights Net revenues were RMB600.4 million (US$91.6 million), a 23.3% increase from RMB487.1 million for the first quarter of 2020. Gross margin was 73.4%, compared with 70.4% for the first quarter of 2020. GAAP net income was RMB8.0 million (US$1.2 million), compared with GAAP net income RMB50.8 million for the first quarter of 2020. Non-GAAP net income[1] was RMB16.8
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GLENDALE, Calif.--(BUSINESS WIRE)--Public Storage (NYSE:PSA) (the “Company”) today announced that it has appointed Michelle (“Meka”) Millstone-Shroff and Rebecca Owen to its Board of Trustees (the “Board”) and has named David Neithercut as Lead Independent Trustee. In addition, Public Storage announced the establishment of an advisory Long-Term Planning Committee (the “Committee”) of its Board of Trustees focused on Public Storage’s long-term planning, strategy, growth, capital allocation priorities and capital structure management. Ms. Millstone-Shroff formerly served as the Chief Customer Experience Officer at Bed Bath & Beyond and President and Chief Operating Officer for buy
SINGAPORE, Aug. 23, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, announced its unaudited results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Gross billings1 for the second quarter of 2024 were US$15.9 million, a 61.3% growth from the second quarter of 2023.Net revenues were US$11.0 million for the second quarter of 2024, a 75.1% increase from US$6.3 million for the second quarter of 2023.The number of quarterly active students with attended lesson consumption was approximately 54,400 in the second quarter of 2024, r
Earnings Call Scheduled for 8:00 a.m. EST on August 23, 2024 SINGAPORE, Aug. 22, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024 on Friday, August 23, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on August 23, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on August 23, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888
SINGAPORE, June 12, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operating Highlights Gross billings[1] for the first quarter of 2024 were US$12.6 million, a 55.6% growth from the first quarter of 2023.Net revenues were US$9.4 million for the first quarter of 2024, a 70.1% increase from US$5.6 million for the first quarter of 2023.The number of quarterly active students with attended lesson consumption was approximately 46,200 in the first quarter of 20
Needham reiterated coverage of China Online Education Gr with a rating of Buy and set a new price target of $9.00 from $32.00 previously
Benchmark downgraded China Online Education Gr from Buy to Hold
The Benchmark Company downgraded China Online Education from Buy to Hold
SINGAPORE, Aug. 23, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, announced its unaudited results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operating Highlights Gross billings1 for the second quarter of 2024 were US$15.9 million, a 61.3% growth from the second quarter of 2023.Net revenues were US$11.0 million for the second quarter of 2024, a 75.1% increase from US$6.3 million for the second quarter of 2023.The number of quarterly active students with attended lesson consumption was approximately 54,400 in the second quarter of 2024, r
Earnings Call Scheduled for 8:00 a.m. EST on August 23, 2024 SINGAPORE, Aug. 22, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024 on Friday, August 23, 2024, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on August 23, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on August 23, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888
SINGAPORE, June 12, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE American: COE), a global online education platform with core expertise in English education, announced its unaudited results for the first quarter ended March 31, 2024. First Quarter 2024 Financial and Operating Highlights Gross billings[1] for the first quarter of 2024 were US$12.6 million, a 55.6% growth from the first quarter of 2023.Net revenues were US$9.4 million for the first quarter of 2024, a 70.1% increase from US$5.6 million for the first quarter of 2023.The number of quarterly active students with attended lesson consumption was approximately 46,200 in the first quarter of 20