NEWS WRAP: iHuman sales and profit decline despite user growth
The maker of education products for children said its revenue fell 11% in the third quarter, while its profit plunged 41% By Teri Yu Children’s educational products and services provider…
iHuman misses China stock rally as investors fret over stumbling growth
The provider of educational products and services for young children said its revenue fell 11% in the first quarter, accelerating from a 4% decline in the previous period Key Takeaways:…
iHuman moves through economic uncertainty in robotic holding pattern
The provider of educational products and services for children reported just 4.5% revenue growth in the second quarter, but its profit nearly doubled on reduced R&D spending Key Takeaways: iHuman’s…
Youdao gets boosts from AI, patient parent
The education products and services provider returned to revenue growth in the second quarter, and got a three-year extension on debt owed to its parent set to mature next March…
iHuman leaves investors unimpressed with flat margins, slow revenue growth
The provider of children’s ‘edutainment’ apps reported its revenue grew 9% in the first quarter, while its gross margin was unchanged year-on-year Key Takeaways: iHuman’s revenue grew 9% in the…
17 Education Becomes Latest China Stock to Soar as Investors Sniff for Bargains
The education services provider’s shares have jumped 70% in the last five trading days on heavy volume as many issues that dogged the company appear to be settledKey Takeaways:17 Education…
Operating in the Shadows of Education Crackdown, iHuman Nears Profit Milestone
The maker of ‘edutainment’ apps posted a net profit for the third quarter, bringing it closer to its first full-year profit since its IPO two years agoKey Takeaways:iHuman made a…
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