Noah Education Holdings (NED) Swings to Q2 Profit; Guides Q3, FY12 Revs
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Noah Education Holdings (NYSE: NED) reported Q2 EPS of $0.01, versus ($0.21) reported last year. Revenue for the quarter came in at $7.1 million, versus $9.7 million reported last year.
Based on current estimates and market conditions, for the third quarter of fiscal 2012, Noah expects to generate net revenue in the range of RMB30 million (US$4.8 million) to RMB32 million (US$5.4 million). For the full fiscal 2012, the Company continues to expect to generate revenue between RMB145 million (US$23.4 million) and RMB155 million (US$24.9 million). This forecast reflects Noah's current and preliminary view, which is subject to change.
For earnings history and earnings-related data on Noah Education Holdings (NED) click here.
Based on current estimates and market conditions, for the third quarter of fiscal 2012, Noah expects to generate net revenue in the range of RMB30 million (US$4.8 million) to RMB32 million (US$5.4 million). For the full fiscal 2012, the Company continues to expect to generate revenue between RMB145 million (US$23.4 million) and RMB155 million (US$24.9 million). This forecast reflects Noah's current and preliminary view, which is subject to change.
For earnings history and earnings-related data on Noah Education Holdings (NED) click here.
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