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

Earnings Call Scheduled for 8:00 a.m. EST on June 12, 2024 SINGAPORE, June 10, 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 first quarter ended March 31, 2024 on Wednesday, June 12, 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 June 12, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on June 12, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888-346-

SINGAPORE, May 31, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, announced today that its board of directors (the "Board") has appointed Mr. Jimmy Lai as an independent director, effective June 1, 2024. Mr. Jimmy Lai will also serve as a member and chairman of the audit committee of the Board, a member of the compensation committee of the Board, and a member of the nominating and corporate governance committee of the Board. Effective May 31, 2024, Mr. Shengwen (Roy) Rong resigned as a director of the Company for personal reasons and stepped down as a member and chairman o

SINGAPORE, April 29, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, announced  that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission ("SEC") on April 29, 2024. The annual report can be accessed on the Company's investor relations website at http://ir.51talk.com/ as well as the SEC's website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements for the fiscal year ended December 31, 2023, free of charge, to its s

SINGAPORE, March 22, 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 fourth quarter and full year ended December 31, 2023. Full Year 2023 Financial and Operating Highlights Gross billings[1] for 2023 were US$39.9 million, a 38.4% growth from 2022.Net revenues were US$27.3 million for 2023, an 81.4% increase from US$15.0 million for 2022.The number of active students with attended lesson consumption was approximately 50,800 in 2023, representing a 93.9% increase from 26,200 in 2022.Fourth Quarter 2023 Financial and Operating Highlight

Earnings Call Scheduled for 8:00 a.m. EST on March 22, 2024 SINGAPORE, March 20, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2023 on Friday, March 22, 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 March 22, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on March 22, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888

SINGAPORE, Dec. 18, 2023 /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 third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operating Highlights Gross billings[1] for the third quarter of 2023 were US$10.9 million, at the high-end of outlook and a 11.3% growth from the second quarter of 2023.Net Revenues grew by 70.4% to US$7.8 million in the third quarter of 2023 compared to the third quarter of 2022 and by 23.8% on a sequential basis.The number of active students with attended lesson consumption was approximately 3

Earnings Call Scheduled for 8:00 a.m. EST on December 18, 2023 SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 on Monday, December 18, 2023, 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 December 18, 2023 (9:00p.m. Singapore/Beijing/Hong Kong time on December 18, 2023). Dial-in details for the earnings conference call are as follows: United States

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

Earnings Call Scheduled for 8:00 a.m. EST on June 12, 2024 SINGAPORE, June 10, 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 first quarter ended March 31, 2024 on Wednesday, June 12, 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 June 12, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on June 12, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888-346-

SINGAPORE, March 22, 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 fourth quarter and full year ended December 31, 2023. Full Year 2023 Financial and Operating Highlights Gross billings[1] for 2023 were US$39.9 million, a 38.4% growth from 2022.Net revenues were US$27.3 million for 2023, an 81.4% increase from US$15.0 million for 2022.The number of active students with attended lesson consumption was approximately 50,800 in 2023, representing a 93.9% increase from 26,200 in 2022.Fourth Quarter 2023 Financial and Operating Highlight

Earnings Call Scheduled for 8:00 a.m. EST on March 22, 2024 SINGAPORE, March 20, 2024 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2023 on Friday, March 22, 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 March 22, 2024 (8:00p.m. Singapore/Beijing/Hong Kong time on March 22, 2024). Dial-in details for the earnings conference call are as follows: United States Toll: 1-888

SINGAPORE, Dec. 18, 2023 /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 third quarter ended September 30, 2023. Third Quarter 2023 Financial and Operating Highlights Gross billings[1] for the third quarter of 2023 were US$10.9 million, at the high-end of outlook and a 11.3% growth from the second quarter of 2023.Net Revenues grew by 70.4% to US$7.8 million in the third quarter of 2023 compared to the third quarter of 2022 and by 23.8% on a sequential basis.The number of active students with attended lesson consumption was approximately 3

Earnings Call Scheduled for 8:00 a.m. EST on December 18, 2023 SINGAPORE, Dec. 14, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk", or the "Company") (NYSEAMERICAN: COE), a global online education platform with core expertise in English education, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023 on Monday, December 18, 2023, 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 December 18, 2023 (9:00p.m. Singapore/Beijing/Hong Kong time on December 18, 2023). Dial-in details for the earnings conference call are as follows: United States

SINGAPORE, Aug. 25, 2023 /PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the "Company") (NYSE:COE), a global online education platform with core expertise in English education, announced its interim unaudited results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operating Highlights Gross billings[1] for the second quarter of 2023 were US$9.8 million, US$0.3 million more than the high-end of outlook and a 21.0% growth from the first quarter of 2023.In comparison, sales and marketing expenses for the second quarter of 2023 grew by only 15.0% on a quarter-over-quarter basis, highlighting the success of our marketing campaigns during this quarter.The n

SINGAPORE, March 29, 2023 /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 third quarter ended September 30, 2022, and the fourth quarter and full year ended December 31, 2022. Full Year 2022 Financial Highlights The Company completed the divestiture of its China mainland business on June 30th, 2022. After the divestiture, the Company focuses on providing online English tutoring lessons taught by foreign teachers to K-12 and post-secondary students in countries and regions outside of mainland China. The Company has announced that the change

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%.

Outlook For the first quarter of 2024, the Company currently expects net gross billings to be between US$11.5 million and US$12.0 million,which would represent a sequential growth of 3.6% to 8.1% and an increase of approximately 43.8% to 50.0% from the same quarter last year.

51 Talk Online Education (NYSE:COE) reported quarterly adjsuted losses of $(0.76) per share. This is a 123.53 percent decrease over losses of $(0.34) per share from the same period last year. The company reported $7.66 million in sales this quarter. This is a 51.63 percent increase over sales of $5.05 million the same period last year.

Companies Reporting Before The Bell • Agile Therapeutics (NASDAQ:AGRX) is likely to report quarterly loss at $0.54 per share on revenue of $9.20 million. • 51 Talk Online Education (AMEX:COE) is projected to report earnings for its fourth quarter. • Star Equity Hldgs (NASDAQ:STRR) is likely to report quarterly loss at $0.08 per share on revenue of $9.15 million. • Hyzon Motors (NASDAQ:HYZN) is likely to report earnings for its fourth quarter. • Humacyte (NASDAQ:HUMA) is estimated to report quarterly loss at $0.24 per share on revenue of $60 thousand. • AstroNova (NASDAQ:ALOT) is likely to report earnings for its fourth quarter. • Sunlands Technology (NYSE:STG) is likely to report earn

51 Talk Online Education (NYSE:COE) reported quarterly losses of $(0.64) per share. This is a 39.13 percent decrease over losses of $(0.46) per share from the same period last year. The company reported $7.83 million in sales this quarter. This is a 70.43 percent increase over sales of $4.59 million the same period last year.

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51 Talk Online Education (NYSE:COE) reported quarterly losses of $(0.48) per share. This is a 860 percent decrease over losses of $(0.05) per share from the same period last year. The company reported $6.26 million in sales this quarter. This is a 77.54 percent increase over sales of $3.53 million the same period last year.

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

Needham reiterated coverage of China Online Education Gr with a rating of Buy and set a new price target of $32.00 from $36.00 previously