Sunlands Technology Expects Q1 Revenue of CNY500M-CNY520M, Down by 8.3%-11.8% YoY

Outlook

For the first quarter of 2024, Sunlands currently expects net revenues to be between RMB500 million to RMB520 million, which would represent a decrease of 8.3% to 11.8% year-over-year. The above outlook is based on the current market conditions and reflects the Company's current and preliminary estimates of market and operating conditions and customer demand, which are all subject to substantial uncertainty.