Tarena International (TEDU) Misses Q1 EPS by 1c, Offers Q2 Guidance
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Tarena International, Inc. Announces First Quarter 2015 Results
May 19, 2015 5:00 PM EDTBEIJING, May 19, 2015 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of professional education services in China today announced its unaudited financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Highlights
Net revenues increased by 15.8% year-over-year to US$28.2 million from US$24.3 million in the same period in 2014. Gross profit increased by 9.4% year-over-year to US$17.2 million from US$15.8 million in the same period in 2014. Operating loss was US$4.7 million, compared to an operating income of US$0.1 million in the same... More