Tarena Int'l (TEDU) Tops Q2 EPS by 3c, Offers Q3 & FY Guidance
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Tarena International, Inc. Announces Second Quarter 2016 Results
August 15, 2016 4:30 PM EDTBEIJING, Aug. 15, 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 second quarter ended June 30, 2016.
Second Quarter 2016 Financial and Operational Highlights
Net revenues increased by 35.2% year-over-year to US$55.9 million from US$41.3 million in the same period in 2015. Gross profit increased by 37.3% year-over-year to US$39.2 million from US$28.6 million in the same period in 2015. Operating income increased by 400.3% year-over-year to US$6.1 million from US$1.2 million in the same... More