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 ESTBEIJING, 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 2021Â Â Â Â Â
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
