Gaotu Techedu GAAP EPS of -$0.12, revenue of $193.95M beats by $10.56M; initiates Q3 outlook

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Gaotu Techedu press release (NYSE:GOTU): Q2 GAAP EPADS of -$0.12.
Revenue of $193.95M (+37.6% Y/Y) beats by $10.56M.
Gross billings were RMB2,252.4 million, increased by 36.2% from RMB1,653.7 million in the same period of 2024.
Net operating cash inflow was