Tarena Int'l (TEDU) Reports Q2 Loss of $0.22/sh

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Go back to Tarena Int'l (TEDU) Reports Q2 Loss of $0.22/sh

Tarena International, Inc. Announces the Results for the Second Quarter of 2021

September 24, 2021 6:00 AM EDT

BEIJING, Sept. 24, 2021 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of adult professional education and childhood & adolescent quality education services in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.

Highlights for the Second Quarter of 2021  

Net revenues increased by 75.5% year-over-year to RMB582.3 million (US$90.2 million), from RMB331.8 million in the same period of 2020. Net revenue from adult professional education business, which represented 50.3% of the total net revenues, increased by 22.3% year-over-year to RMB292.9 million (US$45.4... More