LAIX Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported net Revenue was RMB 96,779,000 against RMB 224,461,000 a year ago. Loss from operations was RMB 91,207,000 against RMB 159,741,000 a year ago. Net loss was RMB 92,356,000 against RMB 163,366,000 a year ago. Basic loss per Class A and Class B ordinary shares was RMB 5.12 against RMB 3.41 a year ago.

The company also provided revenue guidance for the second quarter of 2019. For the quarter, the company expects net revenues to be between RMB 280 million to RMB 300 million, which would represent an increase of approximately 106.6% to 121.4% from RMB 135.5 million for the same quarter last year.