Nord Anglia Education (NORD) Reports In-Line Q3 EPS; Trims FY15 EPS Outlook
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Nord Anglia Education Reports Third Quarter FY2015 Financial Results
July 14, 2015 6:00 AM EDTHONG KONG, July 14, 2015 /PRNewswire/ --Â Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, today announced financial results for the third quarter of fiscal 2015, the three month period ended May 31, 2015.
Third quarter FY2015 highlights (compared to third quarter FY2014):
Average full time equivalent students (FTEs) increased 35.6% from 17,653 to 23,932 Revenue increased 22.7% (27.8% on a constant currency basis) from $138.5 million to $170.0 million Revenue from premium schools increased 25.4% (30.3% on a constant currency basis) from $133.7 million to $167.6 million Adjusted EBITDA increased 11.7% (14.0% o n a constant... More