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51 Talk online education

51Talk Up 14.4 Percent Year-on-Year for Q4 2018

March 16, 2019 0:04 am

BEIJING (PingWest) – China's leading online education firm 51Talk (NYSE: COE) announced today its financial results for the fourth quarter and the full year ended 2018.

In Q4, the net Revenue was $43.4 million, up 24.4% year-on-year. Net losses in Q4 was $20.4 million, compared with $159.7 in Q4 2017. Non-GAAP net losses in Q4 was $19.30 million, smaller than $22.67 million in Q4 last year.