17 Education & Technology Group

17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning. The company was founded by Jia Wei Gan and Bing Yuan on October 30, 2012 and is headquartered Beijing, China.

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17 Education & Technology Group (YQ) reports robust Q1 performance

17 Education & Technology Group (YQ) delivered strong financial results in Q1 2024 with revenue growth and improved margins
The company's focus on SaaS teaching, strategic partnerships, and operational efficiency highlights its commitment to growth
Despite challenges in a competitive market, opportunities lie in expanding customer base and advancing educational digitalization

17 Education & Technology Group reports strong Q2 growth and strategic partnerships

17 Education & Technology Group delivered robust Q2 2024 results with significant revenue growth and strategic advancements.
While facing challenges of increased losses, the company's focus on user engagement and partnerships offers promising growth prospects.
Striking a balance between revenue growth and cost management will be crucial for sustainable profitability and long-term success.

17 Education & Technology Group (YQ) reports strong Q3 performance and growth prospects

17 Education & Technology Group (YQ) delivered impressive revenue growth, improved cost management, and strong student engagement in Q3 2024.
While facing challenges in profitability and competition, the company maintains solid renewal rates and cash reserves, indicating resilience.
Strategic opportunities lie in expanding offerings, investing in innovation, and enhancing user experience to drive future growth and market presence.

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17 Education & Technology Group, Inc. (NASDAQ:YQ )0 Q3 2024 Earnings Conference Call December 11, 2024 8:00 PM ET Company Participants Lara Zhao - IR Manager Michael Chao Du - Director & CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

17 Education & Technology Group, Inc. (YQ) Q3 2024 Earnings Conference Call Transcript

BEIJING, Dec. 12, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2024. Third Quarter 2024 Highlights 1 Net revenues were RMB59.6 million (US$8.5 million), compared with net revenues of RMB45.1 million in the third quarter of 2023.

17 Education & Technology Group Inc. Announces Third Quarter 2024 Unaudited Financial Results

BEIJING, Dec. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, on December 11, 2024 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Third Quarter 2024 Unaudited Financial Results on December 11, 2024

17 Education & Technology Group, Inc. (NASDAQ:YQ ) Q2 2024Earnings Conference Call September 4, 2024 9:00 PM ET Company Participants Lara Zhao - IR Manager Michael Chao Du - Director & CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's Second Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

17 Education & Technology Group, Inc. (YQ) Q2 2024 Earnings Conference Call Transcript

BEIJING, Sept. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2024.

17 Education & Technology Group Inc. Announces Second Quarter 2024 Unaudited Financial Results

BEIJING, June 06, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2024. First Quarter 2024 Highlights 1 Net revenues were RMB25.5 million (US$3.5 million), compared with net revenues of RMB9.3 million in the first quarter of 2023.

17 Education & Technology Group Inc. Announces First Quarter 2024 Unaudited Financial Results

BEIJING, May 30, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, on June 05, 2024 after the close of U.S. markets. The Company's management will hold an earnings conference call on Wednesday, June 05, 2024 at 9:00 p.m.

17 Education & Technology Group Inc. to Report First Quarter 2024 Unaudited Financial Results on June 5, 2024

BEIJING, April 25, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the “SEC”) on April 25, 2024. The annual report can be accessed on the Company's investor relations website at https://ir.17zuoye.com as well as on the SEC's website at http://www.sec.gov.

17 Education & Technology Group Inc. Files Its Annual Report on Form 20-F

17 Education & Technology Group, Inc. (YQ) Q4 2023 Earnings Call Transcript

BEIJING, March 21, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2023. Fourth Quarter 2023 Highlights 1 Net revenues were RMB47.3 million (US$6.7 million), compared with net revenues of RMB39.6 million in the fourth quarter of 2022.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results

BEIJING, March 15, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, on March 20, 2024 after the close of U.S. markets. The Company's management will hold an earnings conference call on Wednesday, March 20, 2024 at 9:00 p.m.

17 Education & Technology Group Inc. to Report Fourth Quarter and Fiscal Year 2023 Unaudited Financial Results on March 20, 2024

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the matter is closed. On August 3, 2023, 17EdTech received a notification letter (the “Deficiency Notice”) from the Nasdaq indicating that the closing bid price for the Company's American depositary shares (“ADSs”) was below the minimum bid price of $1.00 required for continued listing under Nasdaq Listing Rule 5450(a)(1) for 30 consecutive business days.

17EdTech Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement

BEIJING, Dec. 13, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (Nasdaq: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it plans to change the ratio of its American Depositary Shares (“ADSs”) to its Class A ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) Class A ordinary shares to a new ADS Ratio of one (1) ADS to fifty (50) Class A ordinary shares, effective on or about December 18, 2023, U.S. Eastern Time (the “Effective Date”).

17 Education & Technology Group Inc. Announces Plan to Implement ADS Ratio Change

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q3 2023 Earnings Conference Call December 5, 2023 8:00 PM ET Company Participants Lara Zhao - Investor Relations Manager Michael Du - Director & Chief Financial Officer Conference Call Participants Operator Good evening and good morning, ladies and gentlemen. And thank you for standing by for 17EdTech's Third Quarter 2023 Earnings Conference Call.

17 Education & Technology Group Inc. (YQ) Q3 2023 Earnings Call Transcript

BEIJING, Dec. 07, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the third quarter of 2023. Third Quarter 2023 Highlights 1 Net revenues were RMB45.1 million (US$6.2 million), compared with net revenues of RMB124.6 million in the third quarter of 2022.

17 Education & Technology Group Inc. Announces Third Quarter 2023 Unaudited Financial Results

BEIJING, China, Nov. 30, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, on December 6, 2023 after the close of U.S. markets. The Company's management will hold an earnings conference call on Wednesday, December 6, 2023 at 8:00 p.m.

17 Education & Technology Group Inc. to Report Third Quarter 2023 Unaudited Financial Results on December 6, 2023

BEIJING, China, Aug. 29, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the second quarter of 2023.

17 Education & Technology Group Inc. Announces Second Quarter 2023 Unaudited Financial Results

BEIJING, Aug. 22, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, on August 28, 2023 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report Second Quarter 2023 Unaudited Financial Results on August 28, 2023

BEIJING, Aug. 12, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated August 3, 2023, indicating that for the last 30 consecutive business days, the closing bid price for the Company's American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market.

17 Education & Technology Group Inc. Announces Receipt of Minimum Bid Price Notice from Nasdaq

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q1 2023 Earnings Conference Call June 14, 2023 9:00 PM ET Company Participants Lara Zhao - Investor Relations Manager Andy Liu - Founder, Chairman and CEO Michael Du - Director and CFO Conference Call Participants Operator Good evening and good morning, ladies and gentlemen. And thank you for standing by for 17EdTech's First Quarter 2023 Earnings Conference Call.

17 Education & Technology Group Inc. (YQ) Q1 2023 Earnings Call Transcript

BEIJING, June 15, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2023.

17 Education & Technology Group Inc. Announces First Quarter 2023 Unaudited Financial Results

BEIJING, June 08, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, on June 14, 2023 after the close of U.S. markets.

17 Education & Technology Group Inc. to Report First Quarter 2023 Unaudited Financial Results on June 14, 2023

17 Education & Technology Group Inc. (NASDAQ:YQ ) Q4 2022 Earnings Conference Call March 27, 2023 9:00 PM ET Company Participants Andy Liu - Founder, Chairman, Chief Executive Officer Michael Du - Director, Chief Financial Officer Lara Zhao - Investor Relations Manager Conference Call Participants Operator Good evening and good morning, ladies and gentlemen, and thank you for standing by for 17EdTech's 2022 Earnings Conference Call. At this time all participants are in a listen-only mode.

17 Education & Technology Group Inc. (YQ) Q4 2022 Earnings Call Transcript

BEIJING, March 28, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the fourth quarter and the year ended December 31, 2022.

17 Education & Technology Group Inc. Announces Fourth Quarter and Fiscal Year 2022 Unaudited Financial Results

BEIJING, China, March 21, 2023 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, on March 27, 2023 after the close of U.S. markets.

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