Tarena Int'l (TEDU) Reports Q4 Loss of $0.51/Sh

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Tarena Int'l (TEDU) Reports Q4 Revenue of $102.8M, Adjusted Loss of $8.9M

March 16, 2022 6:02 AM EDT

Tarena International, Inc. (NASDAQ: TEDU), a leading provider of adult professional education and childhood & adolescent quality education services in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

Fourth Quarter 2021 Highlights

Net revenues increased by 0.8% year-over-year to RMB655.3 million (US$102.8 million), from RMB650.3 million in the same period of 2020.Net revenue from childhood & adolescent quality education business, which represented 51.3% of the total net revenues, increased by 12.8% year-over-year to RMB336.0 million (US$52.7 million), from RMB297.9 million in the same period of... More