Sunlands Technology Group (STG) Reports Q4 EPS of $3.59

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Go back to Sunlands Technology Group (STG) Reports Q4 EPS of $3.59

Sunlands Technology Group Announces Unaudited Fourth Quarter and Full Year 2021 Financial Results

April 8, 2022 5:20 AM EDT

Q4 net revenues increased by 0.7% year-over-yearQ4 gross billings (non-GAAP) decreased by 25.3% year-over-yearQ4 net income reached RMB150.8 million

BEIJING, April 8, 2022 /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 fourth quarter ended December 31, 2021.

Fourth Quarter 2021 Financial and Operational Snapshots

Net revenues were RMB588.9 million (US$92.4 million), representing a 0.7% increase year-over-year.Gross billings (non-GAAP) were RMB483.6 million (US$75.9 million), representing a 25.3% decrease... More