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17 Education & Technology Group, Inc. (YQ)
:YQ
RESEARCH TOOLSreports
Earnings Data
Report Date
Jun 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-1.57Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 25, 2025
|% Change Since: -30.08%
|Next Earnings Date:Jun 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflects a positive outlook with significant growth in subscription models and cost optimization, despite challenges such as a decline in quarterly revenue and gross margin due to strategic shifts. The company's focus on AI and customer retention positions it well for future growth.Company Guidance
During the 17EdTech's Fourth Quarter 2024 and Full Year Earnings Conference Call, management reported a year-over-year top-line growth of 11% to RMB189.2 million, although fourth-quarter net revenues decreased by 23% to RMB36.6 million due to a strategic shift towards subscription-based school projects. Despite the revenue dip, the company achieved a 35% reduction in net loss on a GAAP basis, thanks to a 34% decrease in operating expenses. The SaaS subscription business demonstrated robust performance, with triple-digit growth in student subscriptions and a customer retention rate exceeding 90%. The gross margin for the quarter was 33.6%, affected by a low-margin legacy project. Additionally, cash reserves stood at RMB359.3 million as of December 31, 2024. Looking forward, 17EdTech aims to leverage AI to enhance educational products and sustain growth through strategic market expansion and innovation.Year-Over-Year Top-Line Growth
The company achieved a year-over-year top-line growth of 11% to RMB189.2 million for the full year, driven by strategic market expansion and new contract acquisitions.
SaaS Subscription Model Growth
The SaaS subscription business model maintained an upward trend with three-digit growth compared to the same quarter last year, bolstered by strong retention rates and multi-year subscription renewals.
Cost Optimization Success
Operating expenses decreased by 34% from the same quarter last year, resulting in a 35% reduction in net loss on a GAAP basis.
High Customer Retention
More than 90% of customers whose contracts were up for renewal decided to continue subscribing, with some expanding their coverage.
AI-Enhanced Offerings
The company has integrated AI into its product offerings, receiving positive feedback and market recognition, and aims to deliver sustainable growth and innovations in the future.
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YQ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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YQ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 25, 2025 | $2.36 | $2.12 | -10.17% |
| Dec 11, 2024 | $1.61 | $1.69 | +4.97% |
| Sep 04, 2024 | $2.10 | $1.97 | -6.19% |
| Jun 05, 2024 | $2.68 | $2.60 | -2.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does 17 Education & Technology Group, Inc. (YQ) report earnings?
17 Education & Technology Group, Inc. (YQ) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is 17 Education & Technology Group, Inc. (YQ) earnings time?
17 Education & Technology Group, Inc. (YQ) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is YQ EPS forecast?
Currently, no data Available
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