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Manila Times Business

17 Education & Technology Group Inc. Announces First Quarter 2026 Unaudited Financial Results

BEIJING, June 17, 2026 (GLOBE NEWSWIRE) -- 17 Education & Technology Group Inc. (NASDAQ: YQ) ("17EdTech” or the "Company”), a leading AI-powered application service provider focused on personalized learning solutions, today announced its unaudited financial results for the first quarter of 2026. First Quarter 2026 Highlights1 Net revenues were RMB99.5 million (US$14.4 million), compared with net revenues of RMB21.7 million in the first quarter of 2025.Gross margin was 61.9%, compared with 36.2%

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Source: manilatimes.net

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