17EdTech will announce Q3 financial results on December 11, 2024, followed by a pre-registered earnings call.
Quiver AI Summary
17 Education & Technology Group Inc. announced that it will release its unaudited financial results for the third quarter ending September 30, 2024, on December 11, 2024, after U.S. markets close. The company will host an earnings conference call the same day at 8:00 p.m. U.S. Eastern Time, which requires participants to pre-register online for dial-in information. The call will also be available as a live and archived webcast. 17 EdTech is recognized as a leading education technology company in China, offering solutions that enhance teaching and learning through data-driven products and personalized learning experiences for students and families.
Potential Positives
- The announcement of the upcoming earnings release indicates transparency and accountability, which can build investor confidence.
- The scheduled earnings conference call provides an opportunity for direct communication between management and stakeholders, enhancing engagement and trust.
- The emphasis on the company's role as a leading education technology provider highlights its competitive position in a growing market.
- The details about the product offerings underscore the company’s commitment to innovation and supporting the digital transformation in education.
Potential Negatives
- Failure to provide financial results ahead of time may raise concerns about transparency and financial health.
- Requirement for preregistration for the earnings call could limit investor accessibility and engagement.
- No specific highlights or achievements are mentioned, which may lead to questions about the company's performance and future outlook.
FAQ
When will 17EdTech release its Q3 financial results?
17 Education & Technology Group Inc. will report its unaudited financial results for Q3 on December 11, 2024.
What time is the earnings conference call?
The earnings conference call is scheduled for December 11, 2024, at 8:00 p.m. U.S. Eastern Time.
How can I join the earnings conference call?
Participants need to pre-register online to receive dial-in details for the conference call.
Where can I find the webcast of the conference call?
A live and archived webcast of the conference call will be available on the company’s investor relations website.
What does 17EdTech specialize in?
17 Education & Technology Group Inc. specializes in providing educational technology solutions to enhance teaching and learning in Chinese schools.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$YQ Hedge Fund Activity
We have seen 4 institutional investors add shares of $YQ stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- STATE STREET CORP removed 19,609 shares (-100.0%) from their portfolio in Q3 2024
- UBS GROUP AG added 1,959 shares (+inf%) to their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC added 200 shares (+1.0%) to their portfolio in Q3 2024
- TOWER RESEARCH CAPITAL LLC (TRC) added 34 shares (+inf%) to their portfolio in Q3 2024
- BANK OF AMERICA CORP /DE/ added 1 shares (+inf%) to their portfolio in Q3 2024
- QUBE RESEARCH & TECHNOLOGIES LTD removed 1 shares (-100.0%) from their portfolio in Q3 2024
- RHUMBLINE ADVISERS added 0 shares (+0.0%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
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. Beijing time).
Please note that all participants will need to pre-register online prior to the call to receive the dial-in details.
Conference Call Preregistration
Please note that all participants need to pre-register for the conference call by navigating to https://register.vevent.com/register/BIcb0cb8cc902d426b9cbd52d075f15685 .
Upon registration, you will receive a confirmation email containing participant dial-in numbers, and PIN number. To join the conference call, please dial the number you receive, enter the PIN number, and you will be joined to the conference call instantly.
Additional, a live and archived webcast of the conference call will be available at https://ir.17zuoye.com/ .
About 17 Education & Technology Group Inc.
17 Education & Technology Group Inc. is a leading education technology company in China. The Company provides a smart in-school classroom solution that delivers data-driven teaching, learning and assessment products to teachers, students and parents. Leveraging its extensive knowledge and expertise obtained from in-school business over the past decade, the Company provides teaching and learning SaaS offerings to facilitate the digital transformation and upgrade at Chinese schools, with a focus on improving the efficiency and effectiveness of core teaching and learning scenarios such as homework assignments and in-class teaching. The Company also provides a personalized self-directed learning product to Chinese families. The product utilizes the Company’s technology and data insights to provide personalized and targeted learning and exercise content that is aimed at improving students’ learning efficiency.
For investor and media inquiries, please contact:
17 Education & Technology Group Inc.
Ms. Lara Zhao
E-mail: ir@17zuoye.com
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