Nord Anglia Education (NORD) Misses Q1 EPS by 2c

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Nord Anglia Education Reports First Quarter FY2017 Financial Results

January 24, 2017 6:00 AM EST

HONG KONG, Jan. 24, 2017 /PRNewswire/ -- Nord Anglia Education, Inc. (NYSE: NORD), the world's leading premium schools organization, today announced financial results for the first quarter of fiscal 2017, the three month period ended November 30, 2016.

First quarter FY2017 highlights (compared to first quarter FY2016)

Average full time equivalent students (FTEs) increased 7.8% to 36,934 Revenue increased 6.9% on a reported basis and 8.5% on a constant currency basis to $261.0 million Adjusted EBITDA decreased 1.4% on a reported basis and increased 0.4% on a constant currency basis to $63.3 million Adjusted Net... More