Sunlands Technology Group - ADR

NYSE:STG   2:21:07 PM EDT
5.48
-0.27 (-4.70%)
Other Pre-Announcement

Sunlands Technology Group Announces Unaudited First Quarter 2022 Financial Results

Published: 05/31/2022 10:29 GMT
Sunlands Technology Group - ADR (STG) - Announces Unaudited First Quarter 2022 Financial Results.
Q1 Net Revenues Decreased by 11.7% Year-over-year.
Q1 Revenue Fell 11.7 Percent to Rmb 613.3 Million.
Q1 Gross Billings (non-GAAP) Decreased by 34.2% Year-over-year.
Q1 Earnings per Share Rmb 27.16.
Sees Q2 Revenue Down 14.2 to 17.4 Percent.
Sees Q2 Revenue Rmb 520 Million to Rmb 540 Million.