Ambow Education Announces Third Quarter 2019 Financial Results
Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20) Class A Ordinary Shares) (AMBO)
US:NYSE Investor Relations:
mzcan.com/us/ambo/irwebsite
Company Research
Source: PR Newswire
BEIJING, Dec. 12, 2019 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a leading national provider of educational and career enhancement services in China, today announced its unaudited financial and operating results for the three-month and nine-month periods ended September 30, 2019. "We are pleased with the topline growth during this quarter. Both of our primary revenue streams, K-12 Schools and College Preparation & Continuing Education, showed 26% and 13% year-over-year increases, respectively. Furthermore our deferred revenue related to tuition and course fees and our education service platform increased 86.2% to US$33.7 million from the prior year period. As we move towards closing out fiscal 2019, we shall continue to explore innovation in our educational services portfolio, invest in new technology to build up our education service platforms, and roll out our cross-border university platform across the U.S. and China. At the same
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Sec Filings
- 12/23/24 - Form 6-K
- 12/23/24 - Form 6-K
- 12/23/24 - Form 6-K
- AMBO's page on the SEC website