高途(GOTU)今日盘中大幅下跌5.75%，这一波动发生在公司发布2025年第三季度财报之后。
财报显示，高途第三季度营收同比增长30.7%至15.79亿元，净亏损同比收窄68.8%至1.471亿元。尽管财务数据有所改善，但市场似乎对公司持续的经营现金流出（本季度净流出6.602亿元）以及第四季度营收增速放缓的指引（预计同比增长17.2%-18.7%）表示担忧。
此外，高途虽然完成了8000万美元的股票回购计划并启动了新的1亿美元回购计划，但这些积极举措未能抵消投资者对教育行业整体前景的谨慎情绪。公司管理层强调通过AI赋能和师资体系建设来提升经营效率，但市场仍在等待更明确的盈利拐点信号。
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