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Stock Market & Financial Investment News

News Breaks
February 5, 2013
11:17 EDTATAIATA Inc. falls after lowering FY13 guidance
ATA Inc. (ATAI), a provider of computer based testing services in China, reported Q3 earnings per ADS excluding share-based compensation expense and foreign currency exchange gain of 26c, consensus 28c. Q3 revenue rose 24.9% from the prior year to $28.8M. The company lowered its revenue guidance for FY13 to RMB352M-RMB362M from its previous view of RMB390M-RMB410M. ATA also lowered its FY13 net income view to RMB18M-RMB23M, from its previous view of RMB40M-RMB50M. The company attributed its revision in guidance to lower-than-expected results from the TOEIC and HR Select businesses and weaker demand for the Securities Association of China exam. In late morning trading, ATA is down 51c or almost 9%, to $5.18.
News For ATAI From The Last 14 Days
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September 3, 2015
11:07 EDTATAIATA invests in recruitment technologies SaaS provider Brilent
ATA Inc. announced that it has entered into an agreement to make a strategic investment in Brilent, a provider of an easy-to-use software as a service that utilizes advances in machine learning, analytics and data science to revolutionize the way recruiters screen job candidates. With this strategic investment, ATA expects to extend the capabilities of its existing HR Select tool and its competency in exam data analytics, allowing the Company to offer its clients a deeper understanding of job candidates' exam results and improving the effectiveness of selecting the most suitable individual for the job. The Company expects to work closely with management of Brilent to introduce its offerings to and build partnerships in the China market.

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