China Yida Holding, Co. (CNYD) Misses Q2 EPS by 6c; CEO to Buyback $250K of Common
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China Yida Holding, Co. (NASDAQ: CNYD) reported Q2 EPS of $0.18, $0.06 worse than the analyst estimate of $0.24. Revenue for the quarter came in at $11 million versus the consensus estimate of $12.34 million.
The Company announces that Dr. Minhua Chen, Chairman and Chief Executive Officer of China Yida, intends to use his personal funds to purchase up to $250,000 worth of the Company's stock in open market transactions from the date of this announcement to the end of 2011, pursuant to a Rule 10b5-1 plan and subject to the restrictions of and consistent with the Company's securities trading policy.
The Company announces that Dr. Minhua Chen, Chairman and Chief Executive Officer of China Yida, intends to use his personal funds to purchase up to $250,000 worth of the Company's stock in open market transactions from the date of this announcement to the end of 2011, pursuant to a Rule 10b5-1 plan and subject to the restrictions of and consistent with the Company's securities trading policy.
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