Gaotu Techedu, Inc. (GOTU) Q2 2022 Earnings Call Transcript

Sep. 08, 2022 12:09 PM ETGaotu Techedu Inc. (GOTU)
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Gaotu Techedu, Inc. (NYSE:GOTU) Q2 2022 Earnings Conference Call September 8, 2022 8:00 AM ET

Company Participants

Sherry Liu - IR Manager

Larry Chen - Founder, Chairman & CEO

Nan Shen - CFO

Conference Call Participants

Mark Li - Citigroup

Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Gaotu Techedu Inc. Second Quarter 2022 Earnings Conference Call. [Operator Instructions]. Please note this event is being recorded. I would now like to turn the conference over to Ms. Sherry Liu, IR Manager of Gaotu. Please go ahead.

Sherry Liu

Thank you very much, operator. Good evening, everyone, and thank you all for joining us tonight. For Gaotu Second Quarter 2020 Earnings Conference Call. Gaotu's second quarter earnings release was published earlier today and is available on the company's IR website at ir.gaotu.ca. On the call with me tonight are Mr. Larry Chen, Gauto's Founder, Chairman and Chief Executive Officer; and Ms. Shanahan, Sato's Chief Financial Officer. Larry will give the general business overview for the quarter, and Nan Shen will discuss the financials -- on the prepared remarks, Larry and Nan Shen will be available for the Q&A session. I will translate for Larry. Before we begin, I'd like to remind you that this conference call will contain forward-looking statements as we file in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based upon management's current beliefs and expectations as well as the current market and operating conditions, and they will involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict, many of which are beyond the company's control and may cause the company's actual results, performance or achievements to differ materially from those contained in any forward-looking statements. Further information regarding these and other risks is included in the company's filings with the U.S. SEC.

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