Tarena International Inc(ADR) (TEDU) Releases Earnings Results, Misses Expectations By $-0.04 EPS

Tarena International Inc(ADR) (TEDU) reported quarterly earnings results on Monday, May-23-2016. The company reported $-0.07 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $-0.03. The company posted revenue of $41.30 million in the period, compared to analysts expectations of $39.26 million. The company’s revenue was up 46.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.03 EPS.

Tarena International Inc(ADR) opened for trading at $10.28 and hit $10.52 on the upside on Friday, eventually ending the session at $10.31, with a gain of 1.08% or 0.11 points. The heightened volatility saw the trading volume jump to 54,402 shares. Company has a market cap of $465,435 M.

Tarena International Inc. (Tarena International) is a provider of professional education services in China. Tarena International offers courses in nine IT subjects and three non-IT subjects. It has an education platform combining live distance instruction classroom-based tutoring and online learning modules. As of December 31 2014 it delivered lectures through a group of instructors based in Beijing to a network of 118 learning centers of which 38 were managed by schools and 80 were managed by its subsidiaries in 37 cities in China. Tarena International complements the live instruction and tutoring with its learning management system Tarena Teaching System (TTS). TTS has five core functions featuring course content self-assessment exams student and teaching staff interaction tools student management tools and an online student community.

Tarena International Inc(ADR)

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