Sunlands Technology Group (NYSE:STG) Second Quarter 2024 Results

Key Financial Results

• Revenue: CN￥492.2m (down 6.5% from 2Q 2023).

• Net income: CN￥82.3m (down 53% from 2Q 2023).

• Profit margin: 17% (down from 33% in 2Q 2023). The decrease in margin was primarily driven by higher expenses.

• EPS: CN￥6.00 (down from CN￥12.56 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Sunlands Technology Group shares are up 7.3% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Sunlands Technology Group you should know about.

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