RISE Education Announces First Quarter 2020 Unaudited Financial Results
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RISE Education Cayman (REDU) Reports Q1 Loss of $0.25
May 14, 2020 4:02 PM EDTRISE Education Cayman (NASDAQ: REDU) reported Q1 EPS of ($0.25). Revenue for the quarter came in at $15.4 million.
First Quarter of 2020 Financial and Operational Summary
Total revenues were RMB109.0 million (US$15.4 million) in the first quarter of 2020, compared with RMB335.0 million in the first quarter of 2019.Net loss attributable to RISE was RMB103.8 million (US$14.7 million) in the first quarter of 2020, compared with net income of RMB36.4 million in the first quarter of... More