TEDU - Tarena Q2 Earnings Top Estimates Driven By Relatively Stable Market Demand | Benzinga
Tarena International Inc (NASDAQ: TEDU) reported second-quarter FY23 sales of $75.16 million, beating the analyst consensus of $71.96 million. Net revenues decreased by 16.0% year-over-year to RMB545.0 million.
Total student enrollments in IT-focused supplementary STEAM education increased 0.6% to 177,500.
Gross profit decreased 26% Y/Y to RMB278.7 million ($38.4 million), and the ...