Key Developments For ATA Inc.
ATA Inc. (ATAI.O) (Consolidated Issue listed on NASDAQ Global Market)
ATA Inc. Issues Q3 2010 Revenue Guidance; Lowers FY 2010 Revenue Guidance
ATA Inc. announced that for the third quarter of 2010, it forecasts net revenues will be in the range of RMB76 to RMB80 million. ATA lowered its fiscal 2010 revenue guidance will be in the range of RMB225 to RMB240 million.
ATA Inc. Issues Q2 2010 Revenue Guidance; Reaffirms FY 2010 Revenue Guidance
ATA Inc. announced that for the second quarter of 2010, it forecasts net revenues will be in the range of RMB40 to RMB44 million. ATA reiterated the expectation that net revenues for the fiscal 2010 will be in the range of RMB260 to RMB280 million.
ATA Inc. Updates Q4, FY 2009 Outlook Above Analysts' Estimates
ATA Inc. announced that for fourth quarter 2009, it expects revenue of RMB31.7 million ($4.6 million), gross profit to have decreased by 4.6% year over year to RMB15.3 million ($2.2 million), loss from operations to decrease to RMB4.6 million ($0.7 million), net loss to be RMB4.0 million ($0.6 million), net loss excluding share-based compensation (SBC) expense and foreign currency exchange losses (non-GAAP) to total RMB3.0 million ($0.5 million), basic and diluted loss per common share (EPS) to total RMB0.09 ($0.01), and basic and diluted loss per ADS totaled RMB0.18 ($0.03), non-GAAP EPS to be RMB0.07($0.01) and basic and diluted loss per ADS non-GAAP to be RMB0.13 ($0.02). For fiscal 2009, it expects revenue of RMB219.6 million ($32.1 million), net income of RMB30.7 million ($4.5 million) and net income excluding SBC expense and foreign currency exchange losses (non-GAAP) of RMB35.6 million ($5.2 million), basic and diluted earnings per ADS to be RMB1.35 ($0.20) and RMB1.33 ($0.19), respectively and baisc and diluted non-GAAP EPS to be RMB1.57 ($0.23) and RMB1.54 ($0.23), respectively. According to Reuters Estimates, analysts were expecting the Company to report revenue of $3.9 million, EBIT of $(1.83) million, net profit of $(1.65) million and EPS of $(0.07) for fourth quarter 2009; revenue of $31.42 million, EBIT of $3.94 million, net profit of $3.37 million and EPS of $0.15 for fiscal 2009.
ATA Inc. Announces Launch HR Select
ATA Inc. announced the launch of a groundbreaking personnel selection solution, HR Select, to assist enterprises in China in achieving low cost, high efficiency, high precision talent evaluation and selection.
ATA Inc. Issues Q4, FY 2009, FY 2010 Revenue Guidance
ATA Inc. announced that for fourth quarter of 2009, it expects net revenues to be in the range of RMB26.0-RMB28.0 million. The Company expects net revenues to be in the range of RMB214-RMB216 million for fiscal 2009. The Company preliminary guidance for net revenues for fiscal 2010 to be in the range of RMB260-RMB280 million.
