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NYSE:YQ

17 Education & Technology Group 3/20/2024 Earnings Report

17 Education & Technology Group logo
$2.30 -0.11 (-4.56%)
Closing price 03:56 PM Eastern
Extended Trading
$2.30 0.00 (0.00%)
As of 04:04 PM Eastern
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17 Education & Technology Group EPS Results

Actual EPS
-$1.23
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

17 Education & Technology Group Revenue Results

Actual Revenue
$6.67 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

17 Education & Technology Group Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

17 Education & Technology Group Earnings Headlines

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About 17 Education & Technology Group

17 Education & Technology Group (NYSE:YQ) (NYSE: YQ) is a leading provider of online K-12 after-school tutoring services in China. Through its proprietary interactive learning platform, the company delivers live small‐class and one‐on‐one tutoring sessions in core subjects such as mathematics, English and Chinese. Leveraging AI-driven analytics and adaptive learning tools, it offers personalized instruction tailored to individual student needs and exam preparation courses for major school and national assessments.

Founded in 2017 and headquartered in Guangzhou, 17EdTech has expanded its footprint across more than 100 cities nationwide, serving students in both first-tier and emerging regional markets. The scalable digital infrastructure enables efficient recruitment and training of experienced educators from top universities, bringing high-quality instruction directly into students’ homes. Continuous content upgrades, including interactive multimedia lessons and real-time progress tracking, enhance engagement and learning outcomes.

Beyond core academic tutoring, 17EdTech provides specialized enrichment programs in areas such as coding and language immersion, designed to broaden students’ skill sets beyond the standard curriculum. Its product suite also features mobile applications for on-the-go learning and parent-teacher communication portals for greater transparency into student performance. This integrated ecosystem supports both fully online and hybrid educational models to address evolving preferences in China’s competitive tutoring market.

Under the leadership of founder and Chairman Yingkui Shen, 17EdTech emphasizes innovation and instructional quality to meet growing demand for supplemental education. The management team comprises seasoned professionals with extensive backgrounds in education, technology and operations, driving the company’s mission to make high-quality learning accessible and scalable. With a focus on continuous improvement and technological advancement, 17EdTech aims to strengthen its position in the online education sector and enhance student outcomes nationwide.

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