RISE Education Cayman (REDU) Reports Q1 Loss of $0.05 on Revenues of $39.9M
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RISE Education Announces First Quarter 2021 Unaudited Financial Results
May 20, 2021 4:10 PM EDTBEIJING, May 20, 2021 /PRNewswire/ -- RISE Education Cayman Ltd ("RISE"Â or the "Company") (NASDAQ: REDU), a leading junior English Language Training ("ELT") provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.
Impact from COVID-19
The outbreak of COVID-19Â had a significant and material adverse impact on the Company's operations through the full year of 2020. In accordance with government initiatives to contain the epidemic, RISE's self-owned learning centers were temporarily closed for a majority of the time during the period starting January 19, 2020 until... More

