Xueda Education Group (XUE) Tops Q1 EPS by 7c
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Xueda Education Group Reports First Quarter 2015 Financial Results
May 19, 2015 4:10 PM EDTBEIJING, May 19, 2015 /PRNewswire/ -- Xueda Education Group (NYSE: XUE) ("Xueda" or the "Company"), a leading national provider of personalized tutoring services for primary and secondary school students in China, today announced its unaudited financial results for the quarter ended March 31, 2015.
Financial Highlights for First Quarter 2015 Compared to First Quarter 2014
Total net revenues increased 0.2% to $85.4 million from $85.3 million. Gross margin was 25.3%, compared to 28.3%. Net income attributable to Xueda Education Group was $0.9 million, compared to $1.2 million. Non-GAAP net income[1] per ADS attributable to Xueda Education Group was $0.03, compared to... More