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-1.18740430441193E-16 -1.18740430441193E-16 -1.18740430441193E-16 -1.18740430441193E-16 -1.18740430441193E-16 -1.18740430441193E-16 -1.18740430441193E-16 0.0259893048128341
Stock impact report

ATA Creativity Global Reports First Quarter 2022 Financial Results

ATA Creativity Global - American Depositary Shares, each representing two common shares (AACG) 
Company Research Source: GlobeNewswire
BEIJING, May 12, 2022 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced preliminary unaudited financial results for the quarter ended March 31, 2022 (“First Quarter 2022”). First Quarter 2022 Highlights During First Quarter 2022, student enrollment was 997, an increase of 3.4% from 964 in the prior-year period. Of these students, 537 were enrolled in ACG’s portfolio training programs. Approximately 27,494 credit hours were delivered during First Quarter 2022, compared to 27,865 in the prior-year periodFirst Quarter 2022 net revenues of RMB42.1 million (US$6.6 million), an increase of 12.1% from RMB37.6 million in the prior-year periodFirst Quarter 2022 net loss attributable to ACG improved to RMB15.9 million (US$2.5 million), compared to RMB19.0 million in the prior-year periodRMB62.4 milli Show less Read more
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