Nord Anglia Education (NORD) Tops Q3 EPS by 1c

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Nord Anglia Education Reports Third Quarter FY2016 Financial Results

July 26, 2016 6:00 AM EDT

HONG KONG, July 26, 2016 /PRNewswire/ -- Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, today announced financial results for the third quarter of fiscal 2016, the three month period ended May 31, 2016.

Third quarter FY2016 highlights (compared to third quarter FY2015)

Average full time equivalent students (FTEs) increased 47.5% to 35,309 Revenue increased 49.4% on a reported basis and 53.0% on a constant currency basis to $253.8 million Adjusted EBITDA increased 39.9% on a reported basis and 44.3% on a constant currency basis to $69.9 million Adjusted Net Income increased... More