Ambow Education Holding (AMBO) Posts Surprise Q1 Loss; Guides Q2, FY12 Sales

Ambow Education Holding (NYSE: AMBO) reported Q1 EPS of ($0.14), $0.43 worse than the analyst estimate of $0.29. Revenue for the quarter came in at RMB374.83 million versus the consensus estimate of RMB394.2 million.

Sees Q2 2012 revenue of RMB440-RMB460 million, versus the consensus of RMB571.99 million.

Sees FY2012 revenue of RMB1.9-RMB2.1 billion, versus the consensus of RMB2.15 billion.

For earnings history and earnings-related data on Ambow Education Holding (AMBO) click here.

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