ATA Creativity Global (AACG) has released an update.
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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.
For further insights into AACG stock, check out TipRanks’ Stock Analysis page.
