Sunlands Online Education (STG) Misses Q2 EPS by 16c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Sunlands Technology Group Announces Unaudited Second Quarter 2019 Financial Results
August 23, 2019 6:40 AM EDTBEIJING, Aug. 23, 2019 /PRNewswire/ -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced its unaudited financial results for the second quarter and the first six months ended June 30, 2019.
Second Quarter 2019 Financial and Operational Highlights
Net revenues were RMB552.7 million (US$80.5 million), representing a 14.7% increase year-over-year. Gross billings (non-GAAP) were RMB438.2 million (US$63.8 million), representing a 43.1% decrease year-over-year. Gross profit was RMB457.0 million (US$66.6 million), representing a 16.2% increase... More