ATA, Inc. (ATAI) Reports Q1 Loss Per Share of RMB0.31, Offers Guidance

ATA, Inc. (NASDAQ: ATAI) reported Q1 EPS of (RMB0.31), versus RMB0.19 reported last year. Revenue for the quarter came in at RMB53.4 million, versus RMB102.5 million reported last year.

Fiscal Year 2016 Outlook

For the fiscal year ending March 31, 2016 ("Fiscal Year 2016"), ATA expects net revenues of between RMB360.0 million and RMB380.0 million and non-GAAP net income (adjusted net income, which excludes share-based compensation expense and foreign currency exchange gain/loss) of between RMB28.0 million and RMB38.0 million, which takes into account the operating results of ATA's joint venture and associated companies focused on the consumer market, all of which are at an early stage of business development.
For the quarter ending December 31, 2015 ("Third Quarter 2016"), ATA expects net revenues of between RMB195.0 million and RMB205.0 million.

For earnings history and earnings-related data on ATA, Inc. (ATAI) click here.

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