Xueda Education Group (XUE) Misses Q2 EPS by 7c
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Xueda Education Group Reports Second Quarter 2015 Financial Results
August 13, 2015 4:10 PM EDTBEIJING, Aug. 13, 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 June 30, 2015.
Financial Highlights for Second Quarter 2015 Compared to Second Quarter 2014
Total net revenues increased 0.4% to $121.3 million from $120.8 million. Gross margin was 37.9%, compared to 34.5%. Net income attributable to Xueda Education Group was $10.7 million, compared to $15.3 million. Non-GAAP diluted net income[1] per ADS attributable to Xueda Education Group was $0.19,... More