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Sunlands Technology Group Announces Unaudited First Quarter 2021 Financial Results


Sunlands Technology Group Announces Unaudited First Quarter 2021 Financial Results
Q1 net revenues increased by 22.9% year-over-year
Q1 gross billings(non-GAAP) increased by 14.9% year-over-year
Q1 new student enrollments[1] increased by 107.6% year-over-year
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BEIJING, May 25, 2021 /PRNewswire/
Sunlands Technology Group (NYSE: STG) ( Sunlands or the Company ), a leader in China s online post-secondary and professional education, today announced its unaudited financial results for the first quarter ended March 31, 2021.
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Gross billings (non-GAAP) were RMB593.7 million (US$90.6 million), representing a 14.9% increase year-over-year.
Gross profit was RMB587.9 million (US$89.7 million), representing a 25.6% increase year-over-year.
Net loss was RMB53.3 million (US$8.1 million), representing an 18.7% decrease year-over-year. ....

Yang Song , Hong Kong , Brandi Piacente , Tongbo Liu , Sunlands Technology Group Participants , Exchange Rate , Prnewswire Sunlands Technology Group , Piacente Group Inc , Exchange Commission , Sunlands Online Education Group , Securities Exchange , Sunlands Technology Group , Technology Group , Chief Executive Officer , Chief Financial Officer , Diluted Net Loss Per Share , Cash Equivalents , Federal Reserve , Investor Relations , Learning Outcome Trees , Securities Exchange Act , Securities Litigation Reform Act , Piacente Group , Three Months Ended March , Sunlands Technology , யாங் பாடல் ,

Sunlands Technology Group to Report First Quarter 2021 Financial Results on Tuesday, May 25, 2021


Sunlands Technology Group to Report First Quarter 2021 Financial Results on Tuesday, May 25, 2021
Earnings Call Scheduled for 8:00 a.m. ET on May 25, 2021
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BEIJING, May 14, 2021 /PRNewswire/
Sunlands Technology Group (NYSE: STG) ( Sunlands or the Company ), a leader in China s online post-secondary and professional education, today announced that it will report its first quarter 2021 unaudited financial results on Tuesday, May 25, 2021, before the open of U.S. markets.
Sunlands management team will host a conference call at 8:00 a.m. U.S. Eastern Time, (8:00 p.m. Beijing/Hong Kong time) on May 25, 2021, following the quarterly results announcement.
Dial-in details for the earnings conference call are as follows: ....

Yang Song , Hong Kong , Brandi Piacente , Sunlands Online Education Group , Prnewswire Sunlands Technology Group , Sunlands Technology Group , Technology Group , Investor Relations , Access Code , Learning Outcome Trees , யாங் பாடல் , ஹாங் காங் , பிராந்தி பியசெந்தே , சூரியகாந்தி நிகழ்நிலை கல்வி குழு , சூரியகாந்தி தொழில்நுட்பம் குழு , தொழில்நுட்பம் குழு , முதலீட்டாளர் உறவுகள் , நுழைவு குறியீடு , கற்றல் ஔட்‌கம் மரங்கள் ,