Sunlands Technology Reported Q4 Gross Billings of $58.5M (CNY415.5M) Vs CNY370.8M YoY
- Gross billings (non-GAAP) were RMB415.5 million (US$58.5 million), compared to RMB370.8 million in the fourth quarter of 2022.
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BEIJING, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operational Snapshots Net revenues were RMB491.3 million (US$70.0 million), compared to RMB524.6 million in the third quarter of 2023.Gross billings (non-GAAP) were RMB360.3 million (US$51.3 million), compared to RMB390.0 million in the third quarter of 2023.Gross profit was RMB409.2 million (US$58.3 million), compared to RMB460.5 million in the third
BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its third quarter 2024 unaudited financial results on Friday, November 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 5:30 a.m. U.S. Eastern Time, (6:30 p.m. Beijing/Hong Kong time) on November 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sched
BEIJING, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China on December 10, 2024 at 3:00 pm (Beijing time), and also virtually via telephone at + (10) 5808 - 4288. No proposal will be submitted to shareholders for approval and no resolutions will be considered, voted upon, passed or adopted at the AGM. Instead, the AGM will
BEIJING, May 31, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced the appointment of Mr. Yingda Song as an independent director of the Company and a member of the audit committee of the Board (the "Audit Committee"), effective upon May 31, 2024. For personal reasons, Mr. Yifan Li has tendered his resignation from the position of an independent director and a member of the Audit Committee, effective upon the same date. Mr. Peng Ou, founder and chairman of the Board, said, "On behalf of the Board and executive team, I would like
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
6-K - Sunlands Technology Group (0001723935) (Filer)
BEIJING, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial and Operational Snapshots Net revenues were RMB491.3 million (US$70.0 million), compared to RMB524.6 million in the third quarter of 2023.Gross billings (non-GAAP) were RMB360.3 million (US$51.3 million), compared to RMB390.0 million in the third quarter of 2023.Gross profit was RMB409.2 million (US$58.3 million), compared to RMB460.5 million in the third
BEIJING, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its third quarter 2024 unaudited financial results on Friday, November 22, 2024, before the open of U.S. markets. Sunlands' management team will host a conference call at 5:30 a.m. U.S. Eastern Time, (6:30 p.m. Beijing/Hong Kong time) on November 22, 2024, following the quarterly results announcement. For participants who wish to join the call, please access the link provided below to complete online registration 30 minutes prior to the sched
BEIJING, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE:STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced its unaudited financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial and Operational Snapshots Net revenues were RMB492.2 million (US$67.7 million), compared to RMB526.4 million in the second quarter of 2023.Gross billings (non-GAAP) were RMB383.9 million (US$52.8 million), compared to RMB354.1 million in the second quarter of 2023.Gross profit was RMB415.6 million (US$57.2 million), compared to RMB466.9 million in the second
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.
Sunlands Technology (NYSE:STG) reported $72.47 million in sales this quarter. This is a 12.21 percent decrease over sales of $82.54 million the same period last year.
SC 13G/A - Sunlands Technology Group (0001723935) (Subject)
SC 13G/A - Sunlands Technology Group (0001723935) (Subject)
SC 13G/A - Sunlands Technology Group (0001723935) (Subject)