Tarena International (TEDU) Misses Q2 EPS by 4c, Trims FY Revenue Guidance
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Tarena International, Inc. Announces Second Quarter 2015 Results
August 18, 2015 4:30 PM EDTBEIJING, Aug. 18, 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 second quarter ended June 30, 2015.
Second Quarter 2015 Financial and Operational HighlightsÂ
Net revenues increased by 29.4% year-over-year to US$41.3 million from US$31.9 million in the same period in 2014 Gross profit increased by 25.8% year-over-year to US$28.6 million from US$22.7 million in the same period in 2014. Operating income was US$1.2 million, compared to US$3.6 million in the same period in... More