U.S. Markets open in 2 hrs 59 mins

Ata Inc.: Fiscal 1Q Earnings Snapshot

BEIJING (AP) _ Ata Inc. (ATAI) on Thursday reported a loss of $14.9 million in its fiscal first quarter.

On a per-share basis, the Beijing-based company said it had a loss of 66 cents. Losses, adjusted for one-time gains and costs, were 68 cents per share.

The computer-based testing company posted revenue of $11,600 in the period. Its adjusted revenue was $12,000.

Ata Inc. shares have increased 49 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $6.87, a climb of 46 percent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATAI at https://www.zacks.com/ap/ATAI