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Rise Education Cayman Ltd (REDU.OQ)

REDU.OQ on NASDAQ Stock Exchange Global Market

8.25USD
13 Dec 2018
Change (% chg)

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31,071
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$18.46
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$7.56

Latest Key Developments (Source: Significant Developments)

Rise Education Cayman Q3 Revenue Rose 33.6 Percent To RMB 347.4 Million
Thursday, 15 Nov 2018 

Rise Education Cayman Ltd ::RISE EDUCATION ANNOUNCES THIRD QUARTER 2018 UNAUDITED FINANCIAL RESULTS AND INITIATION OF SHARE REPURCHASE PROGRAM.Q3 REVENUE ROSE 33.6 PERCENT TO RMB 347.4 MILLION.SEES Q4 2018 REVENUE RMB 345 MILLION TO RMB 350 MILLION.QTRLY NET INCOME PER ADS ATTRIBUTABLE TO RISE RMB 0.57.QTRLY NON-GAAP NET INCOME PER ADS ATTRIBUTABLE TO RISE RMB 0.61.RISE INITIATES A SHARE REPURCHASE PROGRAM FOR A TOTAL CONSIDERATION OF UP TO $30.0 MILLION WITHIN ONE YEAR.  Full Article

Rise Education Announces Management Change
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Rise Education Cayman Ltd ::RISE EDUCATION ANNOUNCES MANAGEMENT CHANGE.RISE EDUCATION CAYMAN LTD - CHELSEA QINGYAN WANG HAS DECIDED TO RESIGN FROM HER ROLE AS COMPANY'S CHIEF FINANCIAL OFFICER.RISE EDUCATION CAYMAN LTD - JIANDONG LU WILL ASSUME ROLE OF CFO WHILE RETAINING HER POSITION AS CHIEF OPERATING OFFICER OF COMPANY.RISE EDUCATION CAYMAN LTD - CHELSEA WANG WILL REMAIN WITH COMPANY UNTIL DECEMBER 31, 2018.  Full Article

Rise Education Q1 Revenue Rose 28.4 Pct To RMB 270.1 Million
Thursday, 10 May 2018 

May 10 (Reuters) - Rise Education Cayman Ltd ::RISE EDUCATION ANNOUNCES FIRST QUARTER 2018 UNAUDITED FINANCIAL RESULTS.Q1 REVENUE ROSE 28.4 PERCENT TO RMB 270.1 MILLION.SEES FY 2018 REVENUE UP ABOUT 30 PERCENT.SEES Q2 2018 REVENUE RMB 292.5 MILLION TO RMB 297.1 MILLION.QTRLY NET INCOME ATTRIBUTABLE TO RISE PER ADS WAS RMB 0.64 (US$0.10).QTRLY NON-GAAP NET INCOME ATTRIBUTABLE TO RISE PER ADS WAS RMB 0.67 ($0.11).QTRLY DILUTED NET INCOME ATTRIBUTABLE TO RISE PER ADS WAS RMB 0.62 ($0.10).  Full Article

Rise Education Cayman Reports Quarterly Loss Per Share RMB 1.28
Thursday, 15 Mar 2018 

March 15 (Reuters) - Rise Education Cayman Ltd ::QTRLY LOSS PER SHARE RMB 1.28 .RISE EDUCATION ANNOUNCES FOURTH QUARTER AND FULL YEAR UNAUDITED 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 40.8 PERCENT TO RMB 272.2 MILLION.Q4 NON-GAAP EARNINGS PER SHARE RMB 0.26.FOR Q1, EXPECTS TOTAL REVENUES TO BE IN RANGE BETWEEN RMB 255 MILLION AND RMB 265 MILLION.  Full Article

Rise Education Cayman Expects Q4 Total Revenues To Be In Range Of RMB 260 Mln To RMB 270 Mln​
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Rise Education Cayman Ltd ::- ‍FOR Q4 OF 2017, COMPANY EXPECTS ITS TOTAL REVENUES TO BE IN RANGE OF RMB 260.0 MILLION TO RMB 270.0 MILLION​.- ‍REVENUES FOR Q3 OF 2017 INCREASED BY RMB 57.3 MILLION TO RMB 260.0 MILLION FROM RMB 202.7 MILLION IN SAME PERIOD OF PRIOR YEAR​.- ‍EXPECT ADJUSTED EBITDA MARGIN IN Q4 OF 2017 TO REMAIN AT APPROXIMATELY SAME LEVEL AS DURING FIRST NINE MONTHS OF 2017​.- QTRLY EARNINGS PER SHARE RMB 0.30‍​.‍INCREASE IN QTRLY REVENUES WAS ATTRIBUTABLE TO INCREASE OF RMB 42.6 MILLION IN REVENUES FROM EDUCATIONAL PROGRAMS​.RISE EDUCATION CAYMAN- ‍NET CASH PROVIDED BY OPERATING ACTIVITIES FOR Q3 OF 2017 WAS RMB 75.5 MILLION (US$ 11.3 MILLION) VERSUS RMB 81.8 MILLION IN SAME PERIOD PRIOR YEAR​.- QTRLY ADJUSTED EARNINGS PER SHARE ‍RMB 0.39​.  Full Article

Rise Education Cayman Ltd ADS open 10.3 pct above IPO price in debut
Friday, 20 Oct 2017 

Oct 20 (Reuters) - :Rise Education Cayman Ltd ADS open at $16.00 in debut on the NASDAQ versus IPO price of $14.50 per ADS‍​.  Full Article

China education firms see no immediate impact from draft law

HONG KONG, Aug 14 Chinese schools operator Wisdom Education International Holdings said on Tuesday it did not expect a draft law related to the private education sector to have an impact on it, as it seeks to reassure investors after its shares plunged.