Tarena Int'l (TEDU) Misses Q3 EPS by 24c

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

November 23, 2021 5:00 AM EST

BEIJING, Nov. 23, 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 third quarter ended September 30, 2021.

Highlights for the Third Quarter of 2021     

Net revenues decreased by 0.9% year-over-year to RMB615.2 million (US$95.5 million), from RMB620.8 million in the same period of 2020. Net revenue from adult professional education business, which represented 45.9% of the total net revenues, decreased by 14.7% year-over-year to RMB282.6 million (US$43.9... More