财务数据和关键指标变化 - 第三季度2024年净收入为RMB59.6 million，同比增长32.2%，去年同期为RMB45.1 million [24] - 第三季度2024年GAAP净亏损为RMB17.4 million，同比减少76.1%，去年同期为RMB72.9 million [24] - 第三季度2024年非GAAP调整后净亏损为RMB5.7 million，同比减少89.5%，去年同期为RMB53.7 million [25] - 第三季度2024年毛利率为60.9%，去年同期为54.1% [25] - 截至2024年9月30日，公司现金储备为RMB339.7 million [25] - 第三季度2024年总运营费用为RMB58.0 million，同比减少43.7%，去年同期为RMB103.1 million [28] - 第三季度2024年运营亏损为RMB21.6 million，去年同期为RMB78.7 million [28] - 第三季度2024年运营亏损占净收入的比例为-36.3%，去年同期为-174.4% [28] - 第三季度2024年非GAAP调整后净亏损占净收入的比例为-9.5%，去年同期为-119.1% [30] 各条业务线数据和关键指标变化 - 教学和学习SaaS业务在本季度取得了显著进展，贡献了显著的收入增长，相比去年同期有大幅提升 [10] - 学校订阅项目在本季度实现了显著的收入增长率，超过了整体收入增长，续订率高达89%，服务范围和学生覆盖率进一步扩大了37% [14] - 平台目前有450,000名活跃学生参与日常课程，完成作业总数为45 million，环比增长分别为36%和30% [18] - 平均每位活跃教师每周使用公司解决方案进行五次课程或作业，英语教师尤为活跃 [18] 各个市场数据和关键指标变化 - 北京西城区项目已成功完成交付并实现收入确认，上海闵行项目也成功完成了第二阶段，展示了令人印象深刻的用户参与度 [12] 公司战略和发展方向和行业竞争 - 公司继续发展教学和学习SaaS解决方案，扩大客户基础，通过数字化手段提高效率，确保高质量发展和促进学校采购增长 [10] - 公司正在积极开发多元化的多维销售渠道，以增强灵活性和客户覆盖率，满足不同客户的需求和偏好，最终提高产品和服务的可及性 [16] - 公司致力于优化和升级综合解决方案，提高客户满意度，整合个性化学习数据，提供广泛的学习资源，帮助合作伙伴学校建立成果 [17] - 公司将继续增强核心业务，探索新的增长机会，优先考虑运营效率、可持续性和创新，提供高质量的教育解决方案，促进区域教育发展 [32] 管理层对经营环境和未来前景的评论 - 公司管理层表示，尽管面临2021年引入的一系列法规和相应业务模式、组织和人员的调整，但季度业绩应谨慎参考未来的潜在表现 [23] - 公司管理层强调，通过优化业务结构，各业务线的协同效应已导致更高效的操作，增强了互补实力和灵活性 [15] - 公司管理层表示，将继续致力于提供优质的学习产品和服务，不断发展教学和学习SaaS解决方案，扩大客户基础，确保高质量发展，促进个人成长 [21] 其他重要信息 - 公司财务信息和非GAAP数据以持续经营为基础，并以人民币呈现，除非另有说明 [8] - 公司不承担因新信息、未来事件或其他原因更新任何前瞻性声明的义务，除非适用法律要求 [6] 问答环节所有提问和回答 - 问答环节未提供具体问题和回答内容 [35][36][37]

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 Highlights1 Net revenues were RMB59.6 million (US$8.5 million), compared with net revenues of RMB45.1 million in the third quarter of 2023.Gross margin was 60.9%, compared with 54.1% in the third quarter of 2023.Net loss was RMB17.4 million ...

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. The Company’s management will hold an earnings conference call on Wednesday, December 11, 2024 at 8:00 p.m. U.S. Eastern Time (Thursday, December 12, 2024 at 9:00 a.m. B ...

财务数据和关键指标变化 - 第二季度收入为67.5亿元人民币,较上一季度增长165% [15] - 毛利率为16%,较上年同期的48.3%下降 [16] - 经营亏损为60.2亿元人民币,较上年同期的57.8亿元人民币有所增加 [17] - 净亏损为55.7亿元人民币,较上年同期的47.9亿元人民币有所增加 [17] - 非公GAAP调整后净亏损为42.6亿元人民币,较上年同期的28.6亿元人民币有所增加 [18] - 截至6月30日,公司现金及现金等价物为410.7亿元人民币 [19] 各条业务线数据和关键指标变化 - 教学和学习SaaS业务在区县级项目中持续增长,并完成了新项目的交付和收入确认 [10] - 在上海明行区的区县级项目中,智能笔和纸已经在日常使用,完成了2300万次作业、46万课时、18000次评估等 [10] - 公司作为点阵笔应用行业的深耕者,主导制定了国内首个点阵笔团体标准 [11] 各个市场数据和关键指标变化 - 公司目前与超过500家战略合作伙伴合作,覆盖27个省95个城市 [9] - 与青岛两家主要区域经销商建立战略合作,旨在扩大在该地区的市场覆盖和竞争优势 [9] 公司战略和发展方向及行业竞争 - 公司致力于产品优化和渠道创新,提供个性化的整体教育解决方案,助力中国教育数字化转型 [20] - 公司积极参与行业标准制定,巩固行业地位,推动行业技术进步和创新实践 [11] 管理层对经营环境和未来前景的评论 - 公司核心业务取得了强劲增长,运营效率不断优化,亏损呈下降趋势 [6] - 公司的数据驱动SaaS产品有助于提升学生学习成绩和教师教学效率 [7] - 公司现有项目续约率高,新客户拓展和服务范围扩大,有望持续改善收入和销售效率 [8] 其他重要信息 - 公司董事会批准了最高10亿美元的股票回购计划,将在未来12个月内实施 [19]

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. Second Quarter 2024 Highlights1 Net revenues were RMB67.5 million (US$9.3 million), compared with net revenues of RMB69.2 million in the second quarter of 2023.Gross margin was 16.0%, compared with 48.3% in the second quarter of 2023.Net loss was RMB55.7 mil ...

Exhibit 99.1 17 Education & Technology Group Inc. Announces First Quarter 2024 Unaudited Financial Results BEIJING, China, June 6, 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 qu ...

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 Highlights1 Net revenues were RMB25.5 million (US$3.5 million), compared with net revenues of RMB9.3 million in the first quarter of 2023.Gross margin was 38.4%, compared with 24.4% in the first quarter of 2023.Net loss was RMB56.1 million (U ...

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 Highlights1 Net revenues were RMB25.5 million (US$3.5 million), compared with net revenues of RMB9.3 million in the first quarter of 2023.Gross margin was 38.4%, compared with 24.4% in the first quarter of 2023.Net loss was RMB56.1 million ( ...

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. U.S. Eastern Time (Thursday, June 06, 2024 at 9:00 a.m. Beijing time). Plea ...

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. U.S. Eastern Time (Thursday, June 06, 2024 at 9:00 a.m. Beijing time). Ple ...