Student Trans (STB) Misses Q3 EPS by 2c

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Go back to Student Trans (STB) Misses Q3 EPS by 2c

Student Transportation Inc. Reports Fiscal 2015 Third Quarter Results

May 11, 2015 5:33 PM EDT

BARRIE, Ontario, May 11, 2015 (GLOBE NEWSWIRE) -- Student Transportation Inc. ("STI" or the "Company") (TSX: STB) (Nasdaq: STB) today reported financial results for the third quarter and first nine months of fiscal year 2015, ended March 31, 2015. All financial results are reported in US dollars except as otherwise noted.

Revenue for the third quarter of fiscal 2015 increased 13% and Adjusted EBITDA* was up 20%, improving that margin to 20.6% compared to the prior year third quarter of 19.3%. Revenue and Adjusted EBITDA* for the third quarter of fiscal 2015 were $156.3 million and $32.1 million, respectively, compared to... More