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Shares of China Online Education Gr (NYSE:COE) decreased 0.2% after the company reported Q3 results.
Quarterly Results
Earnings per share were up 150.00% over the past year to $0.02, which missed the estimate of $0.08.
Revenue of $79,307,000 higher by 38.55% year over year, which beat the estimate of $79,180,000.
Outlook
Q4 revenue expected to be between $77,324,000 and $78,061,000.
Conference Call Details
Date: Nov 23, 2020
Time: 08:00 AM
ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/coe/mediaframe/42032/indexr.html
Recent Stock Performance
52-week high: $37.19
Company's 52-week low was at $5.48
Price action over last quarter: Up 37.72%
Company Description
China Online Education Group is a leading online education platform in China, with core expertise in English education. The Company's mission is to make quality education accessible and affordable. The Company's online and mobile education platforms enable students across China to take live interactive English lessons with overseas foreign teachers, on demand. The Company connects its students with a large pool of highly qualified foreign teachers that it assembled using a shared economy approach, and employs student and teacher feedback and data analytics to deliver a personalized learning experience to its students.
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