QuantaSing Group (NASDAQ:QSG) Announces Quarterly Earnings Results

QuantaSing Group (NASDAQ:QSG) announced its quarterly earnings results on Tuesday. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.13, Zacks reports. The company had revenue of $99.55 million during the quarter, compared to analysts’ expectations of $97.90 million. QuantaSing Group had a return on equity of 88.29% and a net margin of 10.67%.

QuantaSing Group Stock Performance

QuantaSing Group stock opened at $2.85 on Thursday. The business’s 50-day simple moving average is $2.32 and its 200-day simple moving average is $2.51. QuantaSing Group has a 52 week low of $1.47 and a 52 week high of $6.22. The firm has a market capitalization of $145.95 million, a PE ratio of 2.88 and a beta of 0.36.

About QuantaSing Group

QuantaSing Group Limited provides online learning services in the People's Republic of China. The company offers online courses, including financial literacy, short-video production, personal well-being, electronic keyboard, and meditation courses. It also offers marketing and enterprise talent management services to enterprise customers.