17 Education & Technology Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was CNY 496.83 million compared to CNY 307.13 million a year ago. Net loss was CNY 489.93 million compared to CNY 580.9 million a year ago. Basic loss per share from continuing operations was CNY 9.9 compared to CNY 80.3 a year ago.
For the nine months, sales was CNY 1,641.97 million compared to CNY 807.58 million a year ago. Net loss was CNY 1,416.36 million compared to CNY 974.85 million a year ago. Basic loss per share from continuing operations was CNY 29.1 compared to CNY 750.9 a year ago.