ATA Ink (ATAI) Announces 2010 Q2 Results
November 09, 2009 8:11 AM
ATA Inc. (Nasdaq: ATAI) the leading provider of computer-based testing and testing-related services in China, announced unaudited financial results for its second fiscal quarter ended September 30, 2009 .
Net revenues decreased by 19.6% year-over-year to US$6.1M,Gross profit decreased by 54.3% year-over-year to US$2.3M, Loss from operations was RMB17.2 million (US$2.5 million) compared to an operating income of RMB8.8 million in the same period last year. -- Net loss was RMB16.4 million (US$2.4 million) compared to a net income of RMB8.3 million in the same period last year.-Net loss excluding share-based compensation expense and foreign currency exchange gain US$2.2M. Basic and diluted loss per ADS was US$0.11.
ATA is the leading provider of computer-based testing services in China.The Company offers comprehensive services for the creation and delivery ofcomputer-based tests based on its proprietary testing technologies and testdelivery platform.
