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Sunlands Technology Group - STG STOCK NEWS

Welcome to our dedicated news page for Sunlands Technology Group (Ticker: STG), a resource for investors and traders seeking the latest updates and insights on Sunlands Technology Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sunlands Technology Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sunlands Technology Group's position in the market.

News
Sunlands Technology Group Files its Annual Report on Form 20-F
Rhea-AI Summary
Sunlands Technology Group, a leader in China's adult online education market, has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023. The report can be accessed on the company's investor relations website and the SEC's website. Shareholders and ADS holders can request a hard copy of the report for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
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News
Sunlands Technology Group Announces Unaudited Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
Sunlands Technology Group (STG) announces unaudited financial results for Q4 and full year 2023, showing net revenues, gross billings, gross profit, net income, and new student enrollments. The company's financial standing, operational excellence, and commitment to shareholder value are highlighted.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
earnings
-
News
Sunlands Technology Group to Report Fourth Quarter and Full Year 2023 Financial Results on Friday, March 22, 2024
Rhea-AI Summary
Sunlands Technology Group (STG) will release its unaudited financial results for Q4 and full year 2023 on March 22, 2024. A conference call will follow the announcement, providing participants with detailed information on how to join.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.22%
Tags
conferences earnings
News
Sunlands Technology Group Announces Unaudited Third Quarter 2023 Financial Results
Rhea-AI Summary
Sunlands Technology Group (STG) announced its unaudited financial results for the third quarter ended September 30, 2023. Net revenues were RMB524.6 million, gross billings were RMB390.0 million, gross profit was RMB460.5 million, and net income was RMB131.6 million. New student enrollments reached 154,299, and the deferred revenue balance was RMB1,277.0 million. The company achieved net profits for ten consecutive quarters, despite a slight year-over-year decrease in net revenues. Operating expenses and general and administrative expenses decreased year-over-year, while sales and marketing expenses increased. Sunlands had cash, cash equivalents, and restricted cash of RMB751.8 million and short-term investments of RMB122.3 million as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.79%
Tags
earnings
-
News
Sunlands Technology Group to Report Third Quarter 2023 Financial Results on Wednesday November 22, 2023
Rhea-AI Summary
Sunlands Technology Group (NYSE: STG) to report Q3 2023 unaudited financial results on November 22, 2023. Earnings call at 6:30 a.m. ET. Online registration required for participation. Webcast available on Sunlands' Investor Relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
conferences earnings
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News
Sunlands Technology Group to Hold Annual General Meeting on December 8, 2023
Rhea-AI Summary
Sunlands Technology Group announces annual general meeting of shareholders
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.27%
Tags
none
News
Sunlands Technology Group Announces Unaudited Second Quarter 2023 Financial Results
Rhea-AI Summary
Sunlands Technology Group (NYSE: STG) announced its unaudited financial results for Q2 2023. Net revenues decreased by 5.2% YoY to RMB526.4 million. Gross billings (non-GAAP) decreased by 4.2% YoY to RMB354.1 million. Net income reached RMB173.9 million. New student enrollments increased by 27.7% YoY.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.04%
Tags
earnings
-
News
Sunlands Technology Group to Report Second Quarter 2023 Financial Results on Friday August 18, 2023
Rhea-AI Summary
Sunlands Technology Group (NYSE: STG) Announces Earnings Call and Financial Results for Q2 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.62%
Tags
conferences earnings
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News
Sunlands Technology Group Announces Unaudited First Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.22%
Tags
earnings
News
Sunlands Technology Group Announces Change to Board of Directors and Management
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.91%
Tags
management
Stock STG logo
Sunlands Technology Group

NYSE:STG

STG Rankings

#4201 Ranked by Market Cap
#443 Ranked by Stock Gains
N/A Ranked by Dividends

STG Stock Data

120.50M
1.07M
7.94%
0.01%
0.27%
Educational Support Services
Educational Services
Link
China (Mainland)
Beijing

About STG

sunlands technology group, through its subsidiaries, provides online education services in the people's republic of china. it offers various degree- and diploma-oriented post-secondary courses, including preparation courses for the self-taught higher education examination (ste) for learners pursuing associate diplomas or bachelor's degrees, as well as for the entrance examinations of master of business administration programs. the company's ste courses cover 19 majors, including chinese language and literature, law, pre-school education, marketing, english, human resource management, business administration, business management, modern corporate governance, financial management, advertising, accounting, engineering management, administrative management, computer information management, finance, convention management, chain operation management, and visual communication and design. it also provides professional certification preparation course offerings that cover various industries and