Core Viewpoint - Sunlands Technology Group reported its financial results for the first quarter of 2025, highlighting a decrease in net revenues but maintaining profitability for the sixteenth consecutive quarter, indicating a strategic focus on high-potential areas and operational efficiency [3][5][12]. Financial Performance - Net revenues for Q1 2025 were RMB487.6 million (US$67.2 million), a decrease of 6.8% from RMB523.2 million in Q1 2024 [5][9]. - Net income for the quarter was RMB75.2 million (US$10.4 million), down from RMB112.7 million in Q1 2024, resulting in a net income margin of 15.4% compared to 21.5% in the previous year [12][9]. - Gross profit decreased by 6.9% to RMB415.3 million (US$57.2 million) from RMB446.1 million in Q1 2024 [7][9]. Cost Management - Cost of revenues decreased by 6.3% to RMB72.3 million (US$10.0 million) due to reduced compensation expenses from headcount reductions [6][9]. - Operating expenses remained stable at RMB341.1 million (US$47.0 million) compared to the same quarter in 2024 [8][9]. Student Enrollment and Deferred Revenue - New student enrollments were 169,083, a decline from 175,758 in Q1 2024 [9]. - As of March 31, 2025, the deferred revenue balance was RMB891.6 million (US$122.9 million), down from RMB916.5 million at the end of 2024 [15][9]. Outlook - For Q2 2025, the company expects net revenues to be between RMB500 million to RMB520 million, representing a year-over-year increase of 1.6% to 5.6% [17]. Cash Position - As of March 31, 2025, the company had cash and cash equivalents of RMB596.2 million (US$82.2 million) and short-term investments of RMB200.7 million (US$27.7 million), an increase from the previous quarter [14][9]. Share Repurchase Program - The company has a share repurchase program authorized for up to US$15.0 million, with approximately US$3.9 million utilized as of May 19, 2025 [16]. Company Overview - Sunlands Technology Group is a leader in China's adult online education market, offering a variety of courses through a live streaming platform, focusing on personalized and interactive learning experiences [21].

Earnings Call Scheduled for 6:00 a.m. ET on May 22 2025BEIJING, May 08, 2025 (GLOBE NEWSWIRE) -- Sunlands Technology Group (NYSE: STG) ("Sunlands" or the "Company"), a leader in China's adult online education market and China's adult personal interest learning market, today announced that it will report its first quarter 2025 unaudited financial results on Thursday, May 22, 2025, before the open of U.S. markets. Sunlands' management team will host a conference call at 6:00 a.m. U.S. Eastern Time, (6:00 p.m. ...