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Sunlands Technology Q2 EPS $0.93 Down From $1.31 YoY, Sales $59.891M Down From $75.200M YoY

BenzingaAug 20, 2026, 8:37 AMBenzinga Newsdesk

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Aug 20, 2026, 8:37 AM
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Aug 20, 2026, 11:25 AM
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  1. BenzingaJun 1, 2026, 6:06 PMLekha Gupta

    What's Going On With Sunlands Technology Stock Monday?

    Sunlands Technology (NYSE:STG) stock plunged 24.59% on Monday as investors focused on weakening revenue guidance and declining student enrollment. The company forecast Q2 2026 revenue of 410-430 million yuan (down 20.2-23.9% YoY), with new enrollments falling to 102,127 from 169,083 year-over-year. Despite remaining profitable for the 20th consecutive quarter and announcing a $50 million buyback program, investors shifted focus to long-term growth concerns in China's adult online education market.

    Read original at benzinga