06:36 AM EDT, 08/16/2024 (MT Newswires) -- Sunlands Technology Group ( STG ) reported Q2 earnings Friday of 12 Chinese renminbi ($1.65) per diluted share, down from 25.12 renminbi a year earlier.

Revenue for the quarter ended June 30 was 492.2 million renminbi, down from 526.4 million renminbi a year earlier.

Analysts' estimates were not readily available for comparison.

Shares of the company rose more than 22% in recent premarket activity Friday.

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