Gaotu Techedu Inc. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported revenue was CNY 1,274.27 million compared to CNY 2,211.04 million a year ago. Net income was CNY 285.86 million compared to net loss of CNY 627.03 million a year ago.

Basic earnings per share from continuing operations was CNY 1.1133 compared to basic loss per share from continuing operations of CNY 2.5867 a year ago. Diluted earnings per share from continuing operations was CNY 1.0867 compared to diluted loss per share from continuing operations of CNY 2.5867 a year ago.