On February 18, 2016, ATA Inc (NASDAQ:ATAI) reported record fiscal Q3 2016 financial results and raised full year guidance. Below are some highlights from its earnings release and our take on recent events: Net revenues were RMB 221.4 million (US$34.2 million), an […]
We believe Tarena International’s (NMS:TEDU) business model is seriously flawed to the point that the company’s current pace of revenue growth, net income growth, and cash generation could all be unsustainable and in jeopardy. While the risks we highlight may not pose […]