Tarena Int'l (TEDU) Declares $0.15 Annual Dividend; 1.5% Yield
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Tarena International, Inc. Announces Results for the Fourth Quarter 2015 and Fiscal Year 2015
March 7, 2016 4:30 PM ESTBEIJING, March 7, 2016 /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 fourth quarter and fiscal year ended December 31, 2015.
Fourth Quarter 2015 Highlights
Net revenues increased by 51.2% year-over-year to US$60.0 million from US$39.7 million in the same period in 2014, exceeding the high end of the Company's previous guidance of US$54.0 million to US$56.0 million. Gross profit increased by 55.6% year-over-year to US$44.9 million from US$28.8... More