Sunlands Technology Group (STG) Reports Q1 EPS of $4.28

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/29/2026

1. NOW
2. GOOGL
3. MSFT
4. FTNT
5. EBAY
6. TENB
7. BIIB
8. CMG
9. KLAC
10. ETSY

Go back to Sunlands Technology Group (STG) Reports Q1 EPS of $4.28

Sunlands Technology Group Announces Unaudited First Quarter 2022 Financial Results

May 31, 2022 6:10 AM EDT

Q1 net revenues decreased by 11.7% year-over-yearQ1 gross billings (non-GAAP) decreased by 34.2% year-over-yearQ1 net income reached RMB179.4 million

BEIJING, May 31, 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 first quarter ended March 31, 2022.

First Quarter 2022 Financial and Operational Snapshots

Net revenues were RMB613.3 million (US$96.7 million), representing an 11.7% decrease year-over-year.Gross billings (non-GAAP) were RMB390.6 million (US$61.6 million), representing a 34.2% decrease... More