- China Online Education press release ( NYSE: COE ): Q2 Non-GAAP EPADS of -$0.67.
- Revenue of $3.5M (+87.7% Y/Y).
- Cash, cash equivalents and restricted cash balance stood at $22.1M as of June 30, 2022.
- Gross billings of continuing operation for the second quarter of 2022 were $7.8M.
- The company had advances from students (current and non-current) of $10.2M as of June 30, 2022.
- For the third quarter of 2022, the company currently expects gross billings to be between US$8.0 million and US$8.2 million.
For further details see:
China Online Education reports Q2 earnings; sees Q3 revenue of $8.0M and $8.2M