RYB Education, Inc. Reports Third Quarter 2017 Financial Results
Summary
Basic and diluted net income per American depositary share ("ADS") attributable to ordinary shareholders of RYB for the third quarter of 2017 were $0.07 and $0.06, respectively compared with basic and diluted net income per ADS attributable to ordinary shareholders of RYB of $0.10 and $0.09, respectively for the same quarter last year.Adjusted basic and diluted net income per ADS attributable to ordinary shareholders [3] of RYB for the third quarter of 2017 were $0.16 and $0.15, respectively, compared with adjusted basic and diluted net income per ADS attributable to ordinary shareholders of RYB of $0.10 and $0.09, respectively for the same quarter last year.Basic and diluted net income per American depositary share ("ADS") attributable to ordinary shareholders of RYB for the first nine months of 2017 were $0.30 and $0.28, respectively, compared with basic and diluted net income per ADS attributable to ordinary shareholders of RYB of $0.28 and $0.26, respectively for the same period last year.Adjusted basic and diluted net income per ADS attributable to ordinary shareholders of RYB for the first nine months of 2017 was $0.40 and $0.37, respectively, compared with adjusted basic and diluted net income per ADS attributable to ordinary shareholders of RYB of $0.28 and $0.26, respectively for the same period last year.Since opening its first play-and-learn center in 1998, the Company has grown and flourished with the mission to provide individualized age-appropriate education to stimulate and nurture children so they can realize their full potential.