Tarena International

Tarena International, Inc. operates as a holding company which provides IT professional education services. Its courses include IT subjects, non-IT subjects and K-12 education programs. It operates through the following segments: Adult Training and Kid Training. The Adult Training segment provides students with an education platform combines live distance instruction, classroom-based tutoring and online learning modules. The Kid Training segment provides K-12 education programs. The company was founded by Shao Yun Han in September 2002 and is headquartered in Beijing, China.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

TCTM Kids IT Education, Inc. is a holding company, which engages in the provision of IT professional education services. Its courses include IT subjects, non-IT subjects and K-12 education programs. The company was founded by Shao Yun Han in September 2002 and is headquartered in Beijing, China.

Tarena International Inc

BEIJING, Feb. 20, 2024 /PRNewswire/ -- TCTM Kids IT Education Inc., formerly known as Tarena International, Inc. (NASDAQ: TCTM) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced the results of its Extraordinary General Meeting of Shareholders held on February 20, 2024, in Beijing, where it adopted a special resolution to approve its name change from "Tarena International, Inc." to "TCTM Kids IT Education Inc.". As previously announced, the Company has also changed the ticker symbol of its American depositary shares listed on the Nasdaq Capital Market from "TEDU" to "TCTM".

TCTM Announces Corporate Name Change

Tarena International (NASDAQ: TCTM ) stock is falling on Thursday just one day after the professional education services company changed the ticker for its shares. Tarena International started trading on Wednesday with its shares trading under the current TCTM stock ticker.

Why Is Tarena International (TCTM) Stock Down 10% Today?

BEIJING , Jan. 9, 2024 /PRNewswire/ -- Tarena International, Inc. (Nasdaq: TEDU) ("Tarena" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, announced that it will change its ticker symbol on the Nasdaq from "TEDU" to "TCTM" effective on January 10, 2024 and that Ms. Ying Sun, the Company's CEO, will lead the opening bell ceremony at the Nasdaq Capital Market alongside the Company's team on January 10, 2024, to celebrate the first day of trading on Nasdaq under the new ticker symbol of "TCTM.

Tarena to Change Ticker Symbol and Ring Nasdaq Opening Bell on January 10, 2024

BEIJING , Jan. 2, 2024 /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 hold an Extraordinary General Meeting of Shareholders (the "EGM") at Conference Room 1, 6/F, No. 1 Andingmenwai Street, Litchi Tower, Chaoyang District, Beijing 100011, People's Republic of China, on February 20, 2024 at 10:00 am (Beijing time).

Tarena to Hold an Extraordinary General Meeting on February 20, 2024

BEIJING , Dec. 26, 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 signed an equity transfer agreement (the "Equity Transfer Agreement") to dispose of all equity interests in the professional education business to a buyer consortium led by Tarena Weishang Technology (Hainan) Co., Ltd (the "Disposal Transaction"). Ms. Lijuan Han, affiliate of the Company's founder and chairman Mr.

Tarena Signs Equity Transfer Agreement to Dispose of Professional Education Business

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 transfer is expected to take effect at the opening of business on November 17, 2023.

Tarena Receives Approval to Transfer to Nasdaq Capital Market

Tarena International, Inc. (NASDAQ:TEDU ) Q2 2023 Earnings Conference Call August 29, 2023 8:00 AM ET Company Participants Sylvia Yang - IR Manager Nancy Ying Sun - CEO Xiaobo Shao - CFO Conference Call Participants Operator Good day, everyone, and welcome to the Tarena Second Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Tarena International, Inc. (TEDU) Q2 2023 Earnings Call Transcript

BEIJING , Aug. 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 its unaudited financial results for the second quarter ended June 30, 2023. Highlights for the Second Quarter of 2023 Total student enrollment in IT-focused supplementary STEAM education increased by 0.6% to 177,500 in the second quarter of 2023, compared to student enrollment of 176,500 in the same period of 2022.

Tarena Announces the Results for the Second Quarter of 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. Tarena's management will host an earnings conference call and live webcast at 8:00 a.m.

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

BEIJING , July 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 received a written notification from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated July 28, 2023, indicating that the Company no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares ("MVPHS") for the Nasdaq Global Select Market, as set forth in the Nasdaq Listing Rule 5450(b)(2)(C), because the Company's MVPHS for the last 30 consecutive business days was below the minimum MVPHS requirement of US$15,000,000. Pursuant to the Nasdaq Listing Rules, the applicable grace period to regain compliance is 180 calendar days, or until January 24, 2024.

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

Tarena International, Inc. (NASDAQ:TEDU ) Q1 2023 Earnings Conference Call June 13, 2023 8:00 AM ET Company Participants Sylvia Yang - IR Manager Nancy Ying Sun - CEO Ping Wei - CFO Conference Call Participants Edward Reilly - EF Hutton William Gregozeski - Greenridge Global Operator Ladies and gentlemen, thank you for standing by, and welcome to the First Quarter of 2023 Tarena International, Inc. Earnings Conference Call. All participants are in a listen-only mode.

Tarena International, Inc. (TEDU) Q1 2023 Earnings Call Transcript

BEIJING , June 12, 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 its unaudited financial results for the first quarter ended March 31, 2023. First Quarter 2023 Highlights Total student enrollment in IT-focused supplementary STEAM education increased by 1.0% to 174,800 in the first quarter of 2023, compared to student enrollment of 173,100 in the same period of 2022.

Tarena International, Inc. Announces the Results for the First Quarter of 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. Tarena's management will host an earnings conference call and live webcast at 8:00 a.m.

Tarena to Report First Quarter 2023 Financial Results on June 12, 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. The annual report can be accessed on Tarena's investor relations website at http://ir.tedu.cn.

Tarena Filed 2022 Annual Report on Form 20-F

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.

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

Tarena International, Inc. (NASDAQ:TEDU ) Q4 2022 Results Conference Call March 28, 2023 8:00 AM ET Company Participants Sylvia Yang - Investor Relations Manager Nancy Ying Sun - Chief Executive Officer Ping Wei - Chief Financial Officer Conference Call Participants Edward Riley - E. F. Hutton Operator Ladies and gentlemen, thank you for standing by and welcome to the Fourth Quarter and Full Year of 2022 Tarena International Incorporated Earnings Conference Call.

Tarena International, Inc. (TEDU) Q4 2022 Results Conference Call Transcript

BEIJING , March 27, 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 its unaudited financial results for the fourth quarter and full year ended December 31, 2022. Highlights for the Fourth Quarter of 2022    Total student enrollment in IT-focused supplementary STEAM education increased by 17.0% to 177,000 in the fourth quarter of 2022, compared to student enrollment of 151,300 in the same period of 2021.

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

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.

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

BEIJING , Feb. 27, 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, announced that it has become one of the first approved ecosystem partners of ERNIE Bot, the generative AI chatbot developed by Baidu, Inc. ("Baidu"). Being part of the ecosystem will give Tarena priority access to ERNIE Bot to explore its applications in various educational scenarios, which marks the first application of the conversational language model in professional education.

Tarena Becomes One of the First Partners of Baidu's ERNIE Bot Ecosystem

BEIJING , Jan. 9, 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, announced that the Company will present at the following conference in January 2023: Sidoti Micro-Cap Virtual Investor Conference on January 19, 2023, at 08:30 a.m. Eastern Time (09:30 p.m.

Tarena to Present at Upcoming Investor Conference

Tarena International, Inc. (NASDAQ:TEDU ) Q3 2022 Earnings Conference Call November 30, 2022 8:00 AM ET Company Participants Sylvia Yang - Manager of Investor Relations Nancy Ying Sun - Chief Executive Officer Ping Wei - Chief Financial Officer Conference Call Participants Operator Ladies and gentlemen, thank you for standing by and welcome to the Third Quarter 2022 Tarena International, Inc. Earnings Conference Call. All participants will be in listen-only mode.

Tarena International, Inc. (TEDU) Q3 2022 Earnings Call Transcript

BEIJING , Nov. 29, 2022 /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 its unaudited financial results for the third quarter ended September 30, 2022. Highlights for the Third Quarter of 2022      Net revenues increased by 4.6% year-over-year to RMB643.3 million (US$90.4 million), from RMB615.2 million in the same period of 2021.

Tarena International, Inc. Announces the Results for the Third Quarter of 2022 and a Share Repurchase Program

BEIJING , Nov. 29, 2022 /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 Ms. Mingjie Sun has been appointed as an independent director of the board of directors of the Company (the "Board") and Dr. Binshen Meng has been appointed as a director of the Board.

Tarena Announces Changes to Board Composition

BEIJING , Nov. 17, 2022 /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 third quarter ended September 30, 2022, after the U.S. market closes on November 29, 2022. Tarena's management will host an earnings conference call and live webcast at 8:00 a.m.

Tarena to Report Third Quarter 2022 Financial Results on November 29, 2022

BEIJING , Nov. 15, 2022 /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, announced that the Company has been successfully selected for inclusion into the list of "Approved Education Providers" for "Promoting Employment of College Graduates through Connecting Talent Supply with Employers' Demand (Phase II)("Connect Program"), recently published by the Department of College Students Affairs of the Ministry of Education (MoE). Under the guidance of the MoE, Tarena will launch education and employment support programs that will help college students obtain knowledge and skills demanded by employers either through supporting colleges to integrate employment-driven courses into college curriculum or to provide value-add courses to enhance graduates' comprehensive capabilities and employability.

News for Tarena International Stock (TEDU)