公司1 季度聚焦核心业务,利润大幅超预期。学习服务聚焦AI 和高中形成差异化竞争优势,继续实现高中业务流水和留存率的稳步提升,业务结构调整有望年底结束并恢复增长,广告业务预计下半年在技术进步和合作伙伴落地推动下加速增长,硬件全年以加快实现盈利为主要目标。我们基于1 季度业绩好于预期,上调2025 年利润预测5.7%,维持12.0 美元目标价和买入评级。2025 年1 季度收入符合预期,利润大幅超...
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