ATA, Inc. (ATAI) Reports Q4 Loss of RMB0.68

ATA, Inc. (NASDAQ: ATAI) reported Q4 EPS of (RMB0.68), versus (RMB0.66) reported last year. Revenue for the quarter came in at RMB38.21 million, versus RMB35 million reported last year.

• For the fiscal year ending March 31, 2017 ("Fiscal Year 2017"), ATA expects net revenues of between RMB420.0 million and RMB440.0 million and non-GAAP net income (adjusted net income, which excludes share-based compensation expense and foreign currency exchange gain/loss) of between RMB27.0 million and RMB37.0 million, which takes into account the operating results of ATA's current joint venture and associated companies focused on the education and recruitment markets, all of which are at an early stage of business development.
• The Company is exploring growth opportunities in the K-12 education assessment and recruitment sectors during Fiscal Year 2017 and plans to invest between RMB20.0 million and RMB30.0 million in such sectors, which is not included in its Fiscal Year 2017 guidance.
• For the quarter ending June 30, 2016 ("First Quarter 2017"), ATA expects net revenues of between RMB87.0 million and RMB92.0 million.

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

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