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51Talk - COE STOCK NEWS

Welcome to our dedicated page for 51Talk news (Ticker: COE), a resource for investors and traders seeking the latest updates and insights on 51Talk stock.

51Talk Online Education Group (COE) provides investors and education professionals with authoritative updates on its AI-driven English learning platform and global EdTech initiatives. This hub aggregates official press releases, regulatory filings, and strategic announcements from the NYSE American-listed company.

Track 51Talk's financial performance, technology developments like its Smart Learning System upgrades, and international expansion efforts across Asian markets. The curated collection serves as a reliable resource for monitoring operational milestones, partnership announcements, and educational technology innovations.

Key updates include earnings reports, teacher network expansions, AI implementation progress, and regulatory compliance developments. All content is verified through primary sources to ensure accuracy for investment research and market analysis purposes.

Bookmark this page for streamlined access to 51Talk's corporate communications, eliminating the need to monitor multiple channels. Check regularly for updates on initiatives supporting the company's mission to democratize English language education through scalable technology solutions.

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51Talk Online Education Group (NYSE American: COE), a global online education platform specializing in English education, will report its first quarter 2024 financial results on June 12, 2024, prior to U.S. market opening. The company will also host an earnings call at 8:00 a.m. U.S. Eastern Time the same day, equivalent to 8:00 p.m. Singapore/Beijing/Hong Kong time.

Interested parties can join the earnings call using specific dial-in numbers for various regions, including the U.S., Singapore, Mainland China, and Hong Kong. A live and archived webcast of the call will be available on 51Talk's investor relations website. The replay of the call will be accessible until June 19, 2024, using designated toll numbers and access code.

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51Talk Online Education Group (NYSE: COE), a global online education platform specializing in English education, announced changes to its board composition. Effective June 1, 2024, Mr. Jimmy Lai will join as an independent director and take on multiple roles within the board's committees. Mr. Lai previously served as 51Talk's CFO from 2015 to 2018 and has significant experience in various financial roles across multiple companies. Concurrently, Mr. Shengwen (Roy) Rong has resigned for personal reasons, effective May 31, 2024. The transition is amicable with no disputes or disagreements. CEO Jack Jiajia Huang expressed gratitude towards Mr. Rong and welcomed Mr. Lai's return.

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51Talk Online Education Group, a global online education platform, filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC. The report includes audited financial statements and can be accessed online or requested in hard copy.

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51Talk Online Education Group (COE) reports strong financial growth in 2023, with gross billings reaching US$39.9 million and net revenues at US$27.3 million. Active student numbers surged by 93.9%, reflecting significant expansion. Despite positive financial results, operating expenses saw a notable increase, leading to an operating loss of US$4.6 million in Q4 2023. The company's outlook for Q1 2024 shows a promising sequential growth of 3.6% to 8.1%.
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51Talk Online Education Group (COE) to report unaudited financial results for Q4 2023 on March 22, 2024. Earnings call scheduled at 8:00 a.m. EST. Dial-in details provided for participants.
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51Talk Online Education Group (COE) reported a 70.4% increase in net revenues to US$7.8 million and a 11.3% growth in gross billings to US$10.9 million for the third quarter of 2023. The number of active students with attended lesson consumption also grew by 84.6% to approximately 36,000. However, the gross margin decreased from 78.6% to 76.3% compared to the same quarter last year. The company also reported a net loss of US$3.9 million for the third quarter of 2023.
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51Talk Online Education Group (COE) to Report Q3 2023 Financial Results on December 18, 2023
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51Talk Online Education Group announces Q2 2023 results, with gross billings of US$9.8 million, a 21.0% growth from Q1 2023. Active students with attended lesson consumption increased by 99.3% from Q2 2022. Net revenues increased by 77.5% to US$6.3 million. Operating expenses increased by 14.1%. Outlook for Q3 2023 expects net gross billings to be between US$10.3 million and US$11.0 million, representing a sequential growth of 5.1% to 12.2%.
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51Talk Online Education Group will report its Q2 2023 financial results on August 25, 2023. Earnings conference call scheduled at 8:00 a.m. EST. Webcast available on the investor relations website. Replay accessible until August 31, 2023.
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51Talk

NYSE:COE

COE Rankings

COE Stock Data

88.00M
3.00M
27.39%
19.3%
0.07%
Education & Training Services
Consumer Defensive
Link
Singapore
Singapore