51 Talk Online Education’s ($COE) Q2 2024 Earnings Sneak Peek

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The second quarter financial results of 51 Talk Online Education (NYSE: COE) will be revealed on Friday 23rd August 2024. This eagerly awaited announcement is slated to occur before market open, enabling investors and market participants to gain valuable insights into the company's financial performance.

Financial experts on Wall Street anticipate that the establishment is set to announce a quarterly revenue of $79.7 million for this specific period.

Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $319.89 million.

During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share loss of $0.48. This significant amount was the outcome of the company's total revenue, which reached an impressive $6.26 million during that particular timeframe.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2024 $-0.60 -53.8% 9.45 M +70.1%
Q4 2023 $-0.76 -123.5% 7.66 M +51.6%
Q3 2023 $-0.64 -39.1% 7.83 M +70.4%
Q2 2023 $-0.48 +82.1% 6.26 M +77.5%

*Growth on year-over-year basis

51 Talk Online Education (COE) closed Thursday's regular trading session at $14.48, indicating a 12.86 percent gain. During the day, COE shares traded between $13.50 and $14.49, with a day volume of 9.10 thousand shares.