ATA Creativity Global (AACG) has released an update.
ATA Creativity Global reported a 13.1% increase in net revenues for Q3 2024, driven by a surge in student enrollment and expanded portfolio training services. Despite the rise in revenues, the company faced a higher net loss compared to Q3 2023 due to increased operational expenses. The company remains optimistic about its fiscal year 2024 revenue targets, citing strong growth in its educational programs.
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