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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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May 14, 2015
08:08 EDTATAIATA Inc. CFO resigns, Shelly Jiang named interim CFO
ATA Inc. announced that Benson Tsang, the company's CFO and Chief Accounting Officer, has tendered his resignation effective June 30, to pursue other interests. Tsang will continue to serve ATA as an independent consultant advising on the company's corporate and financial strategy. Shelly Jiang, ATA's vice president of finance, will assume the role of interim CFO.

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