The technology two quarterly net profit of 5.7 million USD rose 204.5%

In the early hours of August 20, Beijing time, the technology announced unaudited results for the second quarter of fiscal year 2014 as of June 30.

The report showed that the technology's second-quarter revenue was $31.9 million, up 53.4% from $20.8 million a year earlier, with a net profit of 5.7 million dollars, up 1.9 million from the same period last year.

Revenue composition

Tuition Income: The technology the average income for each student in the second quarter was $2089 trillion, up 13.1% from $1847 a year earlier.

Other business: Revenue is 1 million dollars, including 800,000 dollars in government subsidies and 200,000 dollars in investment income,

Operational data

As of June 30, 2014, the registered a total of 15377 students, up 35.6% per cent from a year earlier.

Operating expenses

In the second quarter of 2014, the technology operations spent $19.1 million trillion, up 54.6% from 12.4 million trillion dollars in the same period last year.

Performance Outlook

According to 4 Wall Street analysts average estimates, the technology in the second quarter of the total revenue of 31.27 million U.S. dollars. Earnings showed that the technology's total revenue in the second quarter was 31.9 million dollars, exceeding analysts ' expectations.

Stock price trend

After the earnings, the technology shares rose 0.28 U.S. dollars on the day of the Nasdaq routine trading, at $14.96, or 1.91%. (Fan)