Puxin Limited Announces Fourth Quarter and Fiscal Year 2020 Unaudited Financial Results
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UPDATE: Puxin Limited (NEW) Reports Q4 Loss of $0.11 on Revenues of $110.1M
March 16, 2021 5:56 AM EDT(Updated - March 16, 2021 5:56 AM EDT)
Puxin Limited (NYSE: NEW) reported Q4 EPS of ($0.11). Revenue for the quarter came in at $110.1 million.
Fourth Quarter 2020 Financial and Operational Highlights
Net revenues were RMB718.3 million (US$110.1 million), a decrease of 16.4% from RMB859.3 million in the fourth quarter of 2019.Net loss attributable to Puxin Limited was RMB68.8 million (US$10.5 million), a decrease of 36.8% from RMB108.8 million in the fourth quarter of 2019.Adjusted net loss attributable to Puxin Limited[1] was RMB62.4 million (US$9.6 million), a decrease of 32.5% from RMB92.5 million in the fourth quarter of... More
