17 Education & Technology Group Inc. American Depositary Shares (YQ)
Company News
17 Education & Technology Group reported Q2 2025 financial results with decreased net revenues of RMB25.4 million, improved gross margin of 57.5%, and reduced net loss of RMB26.0 million. The company continues to focus on AI technology innovation and optimizing its education technology offerings.
Gainers PLx Pharma Inc. (NASDAQ: PLXP) jumped 149.6% to $0.2623 in pre-market trading after dropping over 13% on Thursday. Jeffs' Brands Ltd (NASDAQ: JFBR) gained 49.7% to $1.09 in pre-market trading. Jeffs' Brands recently completed the acquisition of a 49% interest in a company that owns Wellution, a top seller brand on Amazon, for $3 million....
YQ earnings call for the period ending June 30, 2022.
Shares of China-based education companies took a beating in Friday, amid media reports that the Chinese government is mulling new regulations concerning after-school tutoring services.