11.6 C
New York
Thursday, December 8, 2022

Tarena International Inc. (TEDU) Stock Exhibits Minor Volatility Following Disclosure of Q2 2021 Financial Reports

Tarena International Inc. (TEDU) stock prices opened and closed the trading day on September 23rd, 2021 at USD$1.49. Subsequent premarket fluctuations have seen the stock dip by 2.01%, bringing it down to USD$1.46.

Net Revenue Breakdown

Net revenues for the second quarter of fiscal 2021 were reported in the amount of USD$90.2 million by TEDU stock. This was a significant 75% year over year increase from the USD$65.27 million reported in the prior year quarter. The adult professional education business accounted for 50.3% of the total net revenue, amounting to USD$45.4 million. This was a year over year increase from the 22.3% from the USD$47.10 million in the prior year quarter. The childhood and adolescent quality education business represented 49.7% of total net revenues, amounting to USD$44.8 million. This is a year over year increase of 213.2% from the USD$18.18 million reported in the prior year quarter.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


Gross Profit and Margins

TEDU stock reported gross profit in the amount of USD$45.6 million, representing a 211% year over year increase from the USD$18.63 million reported in the prior year quarter. Accordingly, gross margin was reported at 50.6%. this is a 22.1 percentage point increase from the 28.5% reported in the prior year quarter.

TEDU Stock’s Continued Growth

Total student enrollments are defined as the total number of students who attended a minimum of one paid lesson. Total student enrollments also include the total number of students that have deposit balances in their accounts. Childhood and adolescent quality education business total student enrollments for H1 2021 reached 147,800. This is a 40.1% increase from the 105,500 student enrollments reported for the prior year quarter.

TEDU Stock Persists Through Pandemic

The world is still suffering from the negative impact of the ongoing coronavirus pandemic. Sporadic Covid-19 cases are still affecting some areas in China. However, the effective prevention controls implemented by the Chinese government have successfully alleviated the proliferation of the virus across China. The company has reaped the fruits of the combined efforts against the pandemic.

Future Outlook for TEDU Stock

TEDU stock reported a promising quarter, as evidenced by the strength of its financial reports for the quarter. the company is keen to maintain the momentum it generated over the first half of the fiscal year. Current and potential ivnestors are hopeful that management will be able to leverage the resources at their disposal. This is hoped to facilitate significant and sustained increases in shareholder value.

Latest news

Related news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Receive Best Stock To Trade Before The Opening Bell

 

 

100% Free. Stop Anytime. No Spam