Sunlands Online Education Group

Sunlands Technology Group operates as a holding which provides on line post-secondary and professional education. The firm offers various degree-and diploma-oriented post-secondary courses through online platforms. It also provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The company was founded by Peng Ou in August 2003 and is headquartered in Beijing, China.

Earnings data Q1 2021

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Sunlands Online Education Group reports robust Q1 performance and growth opportunities

Sunlands Online Education Group demonstrated strong financial performance and operational resilience in Q1 2024, driven by revenue growth and enrollment expansion.
While facing challenges in certain financial metrics, the company's strategic focus on innovation and student-centric initiatives presents opportunities for sustained growth and market leadership.
With a solid financial foundation and a commitment to enhancing its offerings, Sunlands Online Education Group is well-positioned to navigate market dynamics and capitalize on the increasing demand for online education.

Sunlands reports resilient Q2 earnings, eyes growth in education sectors

Sunlands Online Education Group demonstrated financial resilience and profitability in Q2 2024 despite a slight decline in net revenues.
The company's strategic focus on brand enhancement, product quality, and operational efficiency positions it well for future growth.
Opportunities in interest-based education, AI integration, and new ventures offer avenues for revenue growth and market expansion.

Sunlands reports mixed Q3 results, focuses on innovation and growth

Sunlands Online Education Group reported mixed financial performance in Q3 2024, with revenue decline but increased net profit, driven by steady enrollments and key course programs.
The company's focus on brand strength, user experience, and innovation positions it well for future growth despite challenges in net revenues and market competition.
Strategic adjustments and a proactive approach to market trends can help Sunlands navigate challenges and capitalize on opportunities in the evolving online education landscape.
Overall, Sunlands' commitment to quality education and market responsiveness underscores its potential for sustained growth and resilience in a dynamic industry.

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Sunlands Technology Group operates as a holding company, which engages in online post-secondary and professional education. It offers various degree-and diploma-oriented post-secondary courses through online platforms. It also provides online professional courses and educational content to help students prepare for professional certification exams and attain professional skills. The company was founded by Peng Ou in August 2003 and is headquartered in Beijing, China.

BEIJING, Nov. 12, 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 third quarter 2021 unaudited financial results on Tuesday, November 23, 2021, before the open of U.S. markets. Sunlands' management team will host a conference call at 7:00 a.m.

Sunlands Technology Group to Report Third Quarter 2021 Financial Results on Tuesday, November 23, 2021

BEIJING, Oct. 18, 2021 /PRNewswire/ --Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's online post-secondary and professional education, today announced it has decided to change the date of the annual general meeting of shareholders (the "AGM") previously scheduled on December 10, 2021 to December 2, 2021 due to administrative reasons. The AGM will be held at 7th Floor Building 6, Chaolai Science Park, No.

Sunlands Technology Group to Hold Annual General Meeting on December 2, 2021

BEIJING, Oct. 12, 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 hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building 6, Chaolai Science Park, No. 36 Chuangyuan Road, Chaoyang District, Beijing, the People's Republic of China on December 10, 2021 at 3:00 pm (Beijing time).

Sunlands Technology Group to Hold Annual General Meeting on December 10, 2021

The stock price of Sunlands Technology Group (NYSE: STG) increased by over 10% today. This is why it happened.

STG Stock: Why It Increased Today

BEIJING, Oct. 4, 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 has received a notification letter from the New York Stock Exchange (the "NYSE") dated October 1, 2021, informing the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual. As previously announced, the Company received a letter from the NYSE dated July 23, 2021 notifying the Company that it was below compliance standards due to the fact that the average closing price of the Company's American depositary shares (the "ADSs") was less than $1.00 for a consecutive 30 trading-day period.

Sunlands Technology Group Regains Compliance with NYSE Minimum Price Continued Listing Criterion

Last month, Sunlands Technology Group (NYSE: STG) received a letter from the New York Stock Exchange about being below compliance standards due to minimum price issues. So the company launched a 2-for-25 reverse split.

STG Stock: 2-For-25 Reverse Split Goes Into Effect

BEIJING, Aug. 20, 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 has received a letter from the New York Stock Exchange (the "NYSE") dated July 23, 2021, notifying Sunlands that (i) it is below compliance standards due to the trading price of Sunlands's American depositary shares (the "ADSs") and (ii) it will have six months from July 23, 2021 to cure the minimum share price standard. Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period.

Sunlands Technology Group Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price and Plan to Implement ADS Ratio Change

Sunlands Technology Group (NYSE: STG) reported second-quarter FY21 revenue growth of 22.8% year-on-year, to RMB629.5 million ($97.5 million). The Gross billings for the quarter declined 19.1% Y/Y to RMB430.2 million ($66.6 million).

Sunlands Technology Posts 22% Growth In Q2 Revenues

Sunlands Technology Group's (STG) CEO Tongbo Liu on Q2 2021 Results - Earnings Call Transcript

BEIJING, Aug. 18, 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 second quarter ended June 30, 2021. Second  Quarter 2021  Financial and Operational Snapshots Net revenues were RMB629.5 million (US$97.5 million), representing a 22.8% increase year-over-year.

Sunlands Technology Group Announces Unaudited Second Quarter 2021 Financial Results

BEIJING, Aug. 9, 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 second quarter 2021 unaudited financial results on Wednesday, August 18, 2021, before the open of U.S. markets. Sunlands' management team will host a conference call at 8:00 a.m.

Sunlands Technology Group to Report Second Quarter 2021 Financial Results on Wednesday, August 18, 2021

Sunlands Technology Group (STG) CEO Tongbo Liu on Q1 2021 Results - Earnings Call Transcript

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. F irst  Quarter 2021  Financial and Operational Snapshots Net revenues were RMB694.3 million (US$106.0 million), representing a 22.9% increase year-over-year.

Sunlands Technology Group Announces Unaudited First Quarter 2021 Financial Results

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.

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

BEIJING, March 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 the appointment of Ms. Jing Gao to the Company's Board of Directors, effective on March 25, 2021.

Sunlands Technology Group Announces Changes to Board of Directors

Sunlands Technology Group's (STG) CEO Tongbo Liu on Q4 2020 Results - Earnings Call Transcript

BEIJING, March 18, 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 fourth quarter ended December 31, 2020. Fourth  Quarter 2020  Financial and Operational Snapshots Net revenues were RMB584.6 million (US$89.6 million), representing a 6.3% increase year-over-year.

Sunlands Technology Group Announces Unaudited Fourth Quarter 2020 Financial Results

BEIJING, March 5, 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 fourth quarter and full year 2020 unaudited financial results on...

Sunlands Technology Group to Report Fourth Quarter and Full Year 2020 Financial Results on Thursday, March 18, 2021

Sunlands Technology Group (NYSE: STG) shares were trading on increased volume in Thursday's session. No company-specific news is evident to explain the increase in volume.

Sunlands Technology Group Technical Levels To Watch

Sunlands Technology Group (STG) CEO Tongbo Liu on Q3 2020 Results - Earnings Call Transcript

BEIJING, Nov. 18, 2020 /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 third quarter ended September 30, 2020. Third Quarter...

Sunlands Technology Group Announces Unaudited Third Quarter 2020 Financial Results

BEIJING, Oct. 26, 2020 /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 hold its annual general meeting of shareholders (the "AGM") at 7th Floor Building...

Sunlands Technology Group to Hold Annual General Meeting on December 10, 2020

BEIJING, Oct. 23, 2020 /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 third quarter 2020 unaudited financial results on Wednesday, November...

Sunlands Technology Group to Report Third Quarter 2020 Financial Results on Wednesday, November 18, 2020

Sunlands Technology Group (STG) CEO Tongbo Liu on Q2 2020 Results - Earnings Call Transcript

BEIJING, Aug. 14, 2020 /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 second quarter ended June 30, 2020.

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