Ambow Education Holding (AMBO) Posts Surprise Q1 Loss; Guides Q2, FY12 Sales

Ambow Education Holding (NYSE: AMBO) reported Q1 EPS of ($0.14), $0.43 worse than the analyst estimate of $0.29. Revenue for the quarter came in at RMB374.83 million versus the consensus estimate of RMB394.2 million.

Sees Q2 2012 revenue of RMB440-RMB460 million, versus the consensus of RMB571.99 million.

Sees FY2012 revenue of RMB1.9-RMB2.1 billion, versus the consensus of RMB2.15 billion.

For earnings history and earnings-related data on Ambow Education Holding (AMBO) click here.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Rent the Runway (RENT) Reports Q2 Loss of $0.38/sh
• DA Davidson Reiterates Buy Rating on Oracle (ORCL) Following Q1 Print
• Bernstein SocGen on Oracle (ORCL): 'Next catalyst is FAM'