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Tarena International, Inc. Announces the Results for the Third Quarter of 2021
Net revenues decreased by 0.9% year-over-year to RMB615.2 million (US$95.5 million), from RMB620.8 million in the same period of 2020.
Non-GAAP operating loss, which excluded share-based compensation expenses, was RMB84.4 million (US$13.1 million), compared to non-GAAP operating loss of RMB49.2 million in the same period of 2020.
Net loss was RMB94.7 million (US$14.7 million), compared to net loss of RMB63.9 million in the same period of 2020.
Non-GAAP net loss, which excluded share-based compensation expenses, was RMB90.5 million (US$14.0 million), compared to non-GAAP net loss of RMB56.5 million in the same period of 2020.
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