Quantum Song closed up 10.11% to $4.14 on Monday.
The Zhitong Finance App learned that Quantum Song (QSG.US) closed up 10.11% to $4.14 on Monday. Earlier this month, Quantum Song's financial report for the second quarter of fiscal year 2024 showed that revenue reached 980.5 million yuan, an increase of 24.7% over the previous year; net profit was 107.6 million yuan, and adjusted net profit was 103.9 million yuan, all breaking through 100 million yuan for the first time, a record high. Among them, personal online learning services continued to grow strongly, with revenue increasing 24.1% year over year to reach 883.6 million yuan; revenue from other businesses increased 493 times year on year to about 49.3 million yuan. As of December 31, 2023, the cumulative number of registered users of Quantum Song reached 112.4 million.