Ostrinotes tarena

Tarena Receives Approval to Transfer to Nasdaq Capital Market

Retrieved on: 
Thursday, November 16, 2023

BEIJING, Nov. 16, 2023 /PRNewswire/ — Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that on November 15, 2023, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the Nasdaq Global Select Market to the Nasdaq Capital Market.

Key Points: 
  • BEIJING, Nov. 16, 2023 /PRNewswire/ — Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that on November 15, 2023, the Listing Qualifications department of the Nasdaq Stock Market LLC ("Nasdaq") approved the Company's request to transfer the listing of the Company's American Depositary Shares (the "ADSs") from the Nasdaq Global Select Market to the Nasdaq Capital Market.
  • The Company expects to meet all of the continued listing requirements for the Nasdaq Capital Market, including the requirement on minimum MVPHS as set forth in Nasdaq Listing Rule 5550(a)(5) upon the transfer.
  • The transfer of the Company's listing to the Nasdaq Capital Market is not expected to have any impact on trading in the Company's ADSs.
  • The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Select Market, and companies on the Nasdaq Capital Market must meet certain financial and corporate governance requirements to qualify for continued listing.

Tarena Announces the Results for the Second Quarter of 2023

Retrieved on: 
Tuesday, August 29, 2023

Total net revenues decreased by 16.0% to RMB545.0 million (US$75.2 million) in the second quarter of 2023, from RMB648.8 million in the same period of 2022.

Key Points: 
  • Total net revenues decreased by 16.0% to RMB545.0 million (US$75.2 million) in the second quarter of 2023, from RMB648.8 million in the same period of 2022.
  • Cost of revenues decreased by 2.2% to RMB266.3 million (US$36.7 million) in the second quarter of 2023, from RMB272.3 million in the same period of 2022.
  • Gross profit decreased by 26.0% to RMB278.7 million (US$38.4 million) in the second quarter of 2023, from RMB376.5 million in the same period of 2022.
  • Total operating expenses decreased by 13.1% to RMB285.5 million (US$39.4 million) in the second quarter of 2023 from RMB328.5 million in the same period of 2022.

Tarena to Report Second Quarter 2023 Financial Results on August 28, 2023

Retrieved on: 
Tuesday, August 15, 2023

BEIJING, Aug. 15, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, after the U.S. market closes on August 28, 2023.

Key Points: 
  • BEIJING, Aug. 15, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, after the U.S. market closes on August 28, 2023.
  • Tarena's management will host an earnings conference call and live webcast at 8:00 a.m. on August 29, 2023, U.S. Eastern Time (8:00 p.m. on August 29, 2023, Beijing Time).
  • Participants can join the conference using the below options:
    Dialing-in to the conference call:
    Please register in advance of the conference, using the link provided below.
  • It will automatically direct you to the registration page of "Tarena's Second Quarter 2023 Earnings Conference Call " where you may fill in your details for RSVP.

Tarena Announces Receipt of Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares

Retrieved on: 
Saturday, July 29, 2023

Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until January 24, 2024.

Key Points: 
  • Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until January 24, 2024.
  • The Company can cure this deficiency if its MVPHS closes at US$15,000,000 or more for a minimum of ten consecutive business days during the compliance period.
  • The Company's management is looking into various options available to regain compliance and maintain its continued listing on The Nasdaq Global Select Market.
  • Alternatively, the Company may apply to transfer the Company's securities to The Nasdaq Capital Market, subject to the Nasdaq Capital Market's continued listing requirements.

Tarena International, Inc. Announces the Results for the First Quarter of 2023

Retrieved on: 
Tuesday, June 13, 2023

Total net revenues decreased by 38.2% to RMB385.1 million (US$56.1 million) in the first quarter of 2023 from RMB623.5 million in the same period of 2022.

Key Points: 
  • Total net revenues decreased by 38.2% to RMB385.1 million (US$56.1 million) in the first quarter of 2023 from RMB623.5 million in the same period of 2022.
  • Gross profit decreased by 44.0% to RMB201.0 million (US$29.3 million) in the first quarter of 2023, from RMB358.9 million in the same period of 2022.
  • Non-GAAP basic and diluted loss per ADS, which excluded share-based compensation expenses, was RMB4.57 (US$0.67) in the first quarter of 2023.
  • Net cash outflow from operating activities in the first quarter of 2023 was RMB17.7 million (US$2.6 million).

Tarena to Report First Quarter 2023 Financial Results on June 12, 2023

Retrieved on: 
Friday, June 2, 2023

BEIJING, June 2, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, after the U.S. market closes on June 12, 2023.

Key Points: 
  • BEIJING, June 2, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, after the U.S. market closes on June 12, 2023.
  • Tarena's management will host an earnings conference call and live webcast at 8:00 a.m. on June 13, 2023, U.S. Eastern Time (8:00 p.m. on June 13, 2023, Beijing Time).
  • Participants can join the conference using the below options:
    Dialing-in to the conference call:
    Please register in advance of the conference, using the link provided below.
  • It will automatically direct you to the registration page of "Tarena's First Quarter 2023 Earnings Conference Call " where you may fill in your details for RSVP.

Tarena Filed 2022 Annual Report on Form 20-F

Retrieved on: 
Friday, April 28, 2023

BEIJING, April 28, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission after the U.S. market closes on April 28, 2023.

Key Points: 
  • BEIJING, April 28, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2022 with the Securities and Exchange Commission after the U.S. market closes on April 28, 2023.
  • The annual report can be accessed on Tarena's investor relations website at http://ir.tedu.cn .
  • The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

Tarena International, Inc. to Present at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 & 1x1 Meetings on Thursday, April 27, 2023

Retrieved on: 
Friday, April 21, 2023

BEIJING, April 21, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU)  ("Tarena" or the "Company"), today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 at 4:00 PM (Local Time - PST).

Key Points: 
  • BEIJING, April 21, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU)  ("Tarena" or the "Company"), today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2023 on Wednesday, April 26, 2023 at 4:00 PM (Local Time - PST).
  • Chief Financial Officer Ping WEI will be hosting the presentation and answering questions at the conclusion.
  • If you would like to book 1x1 investor meetings with Tarena, and to attend the Planet MicroCap Showcase: VEGAS 2023, please make sure you are registered here: https://planetmicrocapshowcase.com/signup
    1x1 meetings will be scheduled and conducted in person at the conference venue in LAS VEGAS.
  • The Planet MicroCap Showcase: VEGAS 2023 website is available here: https://planetmicrocapshowcase.com/
    If you can't make the live presentation, all company presentations "webcasts" will be available directly on the conference event platform on this link under the tab "Agenda": https://planetmicrocapshowcase.com/agenda

Tarena International, Inc. Announces the Unaudited Results for the Fourth Quarter and Fiscal Year of 2022

Retrieved on: 
Tuesday, March 28, 2023

Total net revenues decreased by 15.7% to RMB552.4 million (US$80.1 million) in the fourth quarter of 2022 from RMB655.3 million in the same period of 2021.

Key Points: 
  • Total net revenues decreased by 15.7% to RMB552.4 million (US$80.1 million) in the fourth quarter of 2022 from RMB655.3 million in the same period of 2021.
  • The cost of revenues decreased by 29.8% to RMB230.1 million (US$33.4 million) in the fourth quarter of 2022, from RMB327.7 million in the same period of 2021.
  • Gross profit decreased by 1.6% to RMB322.4 million (US$46.7 million) in the fourth quarter of 2022, from RMB327.6 million in the same period of 2021.
  • Total operating expenses decreased by 15.7% to RMB326.9 million (US$47.4 million) in the fourth quarter of 2022, from RMB388.0 million in the same period of 2021.

Tarena to Report Fourth Quarter and Fiscal Year 2022 Financial Results on March 27, 2023

Retrieved on: 
Thursday, March 16, 2023

BEIJING, March 15, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, after the U.S. market closes on March 27, 2023.

Key Points: 
  • BEIJING, March 15, 2023 /PRNewswire/ -- Tarena International, Inc. (NASDAQ: TEDU) ("Tarena" or the "Company"), a leading provider of IT professional education and IT-focused supplementary STEAM education services in China, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022, after the U.S. market closes on March 27, 2023.
  • Tarena's management will host an earnings conference call and live webcast at 8:00 a.m. on March 28, 2023, U.S. Eastern Time (8:00 p.m. on March 28, 2023, Beijing Time).
  • Participants can join the conference using the below options:
    Dialing-in to the conference call:
    Please register in advance of the conference, using the link provided below.
  • It will automatically direct you to the registration page of "Tarena's Fourth Quarter and Fiscal Year 2022 Earnings Conference Call " where you may fill in your details for RSVP.