Ata Creativity Global ADR Up 0.94% To $1.07 After Earnings

Ata Creativity Global ADR (AACG) said after close Tuesday that it earned $0.04 per share in quarter four 2023. The company reported earnings on an adjusted basis, so it may not be directly comparable to analyst estimates or prior periods. The company reported $11.8 million in revenue

In the same quarter a year ago, the company earned $0.01 per share on revenue of $11.4 million.

The stock is up 0.94% to $1.07 after the report.

The firm's lower revenue growth to earnings signals that the firm has been able to reduce costs and improve its profit margin overall.

InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.

Ata Creativity Global ADR has performed a little below average during the past few months. Before the report, Ata Creativity Global ADR received a Long-Term Technical Rank by InvestorsObserver of 27, putting it in the bottom half of stocks. The firm set a 52-week low on December 18, 2023 at $0.79 and set a 52-week high on May 2, 2023 at $2.07.

ATA Creativity Global is an international educational services company focused on providing quality learning experiences that cultivate and enhance students' creativity. The company offers a wide range of education services consisting of portfolio training, educational travel, overseas study counseling and other educational services through its training center network.