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STG - Sunlands Technology Group Prepares For Q1 Report Amid Challenging Conditions
Sunlands Online Education Group American Depositary Shares representing Class A
Quick Take
Sunlands Technology Group (STG) went public in the U.S. in March 2018 and has reported financial results through its fourth quarter 2018.
The firm provides Chinese students with an online education and tutoring resource.
STG is growing topline revenue and gross profit while reducing losses, but the firm faces challenging domestic Chinese economic conditions as it seeks to reach breakeven.
Company
Beijing, China-based Sunlands was founded in 2003 as an offline education company, but it made the switch to all online in 2014.